Capital Bancorp Inc expected to post earnings of 60 cents a share - Earnings Preview

Capital Bancorp

23/10/2021 24:00

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show a
fall in quarterly revenue when it reports results on October 25
(estimated). 
* The Rockville, Maryland-based company is expected to report  a
6.1% decrease in revenue to $40.567 million from $43.19 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Capital Bancorp Inc is
for earnings of 60 cents per share. For the same quarter last
year, the company reported earnings of 61 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Capital Bancorp
Inc is $27​, about 9.4% above​ its last closing price
of $24.47. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.50        0.49       0.68      Beat    40.2
 Mar. 31 2021  0.59        0.57       0.65      Beat    15
 Dec. 31 2020  0.58        0.58       0.71      Beat    23.5​
 Sep. 30 2020  0.31        0.31       0.61      Beat    98.4
 Jun.          0.27​       0.30       0.34      Beat    15.3​
 30​ 2020​                                              
 Mar. 31 2020  0.27        0.27       0.21      Missed  -21.5​
 Dec. 31 2019  0.31        0.31       0.36      Beat    14.9
 Sep. 30 2019  0.30        0.30       0.32      Beat    5.5
 This summary was machine generated October 22 at 23:00 GMT.  All
figures in US dollars unless otherwise stated