Capital Bancorp Inc expected to post earnings of 75cents a share - Earnings Preview

Capital Bancorp

20/01/2023 11:35

* Capital Bancorp Inc  CBNK.OQ   CBNK.O  is expected to show
a
fall in quarterly revenue when it reports  results on January 24
(estimated). 
    * The Rockville Maryland-based  company is expected to
report  a
1.1% decrease in revenue to $43.9 million from $44.41 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 75 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Capital
Bancorp
Inc is $28.5​, above​ its last closing price of $22.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.71        0.73       0.77      Beat    5.8
 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
 ​​Sep.        0.60        0.60       0.79      Beat    32.2
 30 2021                                                
 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
 This summary was machine generated January 20 at 11:35 GMT.  All
figures in US dollars  unless otherwise stated