Capital Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Capital Bancorp

20/07/2022 22:43

* Capital Bancorp Inc  CBNK.OQ  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 61 cents per share.
    * Revenue rose 6.8% to $43.76 million from a year ago; 
analysts
expected $43.25 million. 
    * Capital Bancorp Inc's reported EPS for the quarter was 80
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Capital Bancorp Inc shares had fallen by 0.4% this
quarter and
lost 17.5% so far this year.
    * The company reported quarterly net income of $11.51
million.
    * Wall Street's median 12-month price target for Capital
Bancorp
Inc is $28.00 
    * 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." 

This summary was machine generated July 20 at 09:43 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.61           0.80           Beat
 Mar. 31 2022      0.59           0.71           Beat
 Dec. 31 2021      0.68           0.71           Beat
 Sep. 30 2021      0.60           0.79           Beat
 This summary was machine generated from Refinitiv data July 20
at 09:43 p.m