Capital Bancorp Inc expected to post earnings of 66 cents a share - Earnings Preview

Capital Bancorp

23/07/2024 21:29

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
rise in quarterly revenue when it reports  results on October 21
(estimated) for the period ending September 30 2024
    * The Rockville Maryland-based  company is expected to
report a
3.4% increase in revenue to $44.608 million from $43.14 million
a year ago, according to the mean estimate from 3 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 66 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Capital
Bancorp
Inc is $26.75​, above​ its last closing price of $23.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.60        0.60       0.59      Missed  -0.8
 Mar. 31 2024  0.51        0.50       0.47      Missed  -6.7
 Dec. 31 2023  0.64        0.62       0.65      Beat    4.5​
 Sep. 30 2023  0.59        0.59       0.70      Beat    18.2
 ​​Jun.        0.54        0.54       0.52      Missed  -3.3
 30 2023                                                
 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. 30 2022  0.71        0.73       0.77      Beat    5.8
 This summary was machine generated July 23 at 20:29 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)