Capital Bancorp Inc expected to post earnings of 61  cents a share - Earnings Preview

Capital Bancorp

18/07/2022 13:38

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 20
(estimated). 
    * The Rockville Maryland-based  company is expected to
report  a
5.5% increase in revenue to $43.25 million from $40.99 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Capital Bancorp Inc
is
for earnings of 61 cents per share. For the same quarter last
year, the company reported earnings of 68 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $28​, above​ its last closing price of $21.38. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.58        0.59       0.71      Beat    21.4
 Dec. 31 2022  0.68        0.68       0.71      Beat    4.4
 Sep. 30 2021  0.60        0.60       0.79      Beat    32.2​
 Jun. 30 2021  0.50        0.49       0.68      Beat    40.2
 ​​Mar.        0.59        0.57       0.65      Beat    15
 31 2021                                                
 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. 30 2020  0.27        0.30       0.34      Beat    15.3
 This summary was machine generated July 18 at 12:38 GMT.  All
figures in US dollars  unless otherwise stated