Capital Bancorp Inc expected to post earnings of 62 cents a share - Earnings Preview

Capital Bancorp

19/01/2024 11:05

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
rise in quarterly revenue when it reports  results on January 23
(estimated) for the period ending December 31 2023
    * The Rockville Maryland-based  company is expected to
report a
4.8% increase in revenue to $42.716 million from $40.76 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Capital Bancorp Inc is
for
earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $26.00​, above​ its last closing price of $22.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.59        0.59       0.70      Beat    18.2
 Jun. 30 2023  0.54        0.54       0.52      Missed  -3.3
 Mar. 31 2023  0.53        0.57       0.68      Beat    18.5​
 Dec. 31 2022  0.75        0.75       0.62      Missed  -17.6
 ​​Sep.        0.71        0.73       0.77      Beat    5.8
 30 2022                                                
 Jun. 30 2022  0.61        0.61       0.80      Beat    31.9​
 Mar. 31 2022  0.58        0.59       0.71      Beat    21.4
 Dec. 31 2021  0.68        0.68       0.71      Beat    4.4
 This summary was machine generated January 19 at 11:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)