Luther Burbank Corp expected to post earnings of 27  cents a share - Earnings Preview

Luther Burbank

21/04/2023 14:49

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
fall
in quarterly revenue when it reports  results on April 24
(estimated). 
    * The Santa Rosa California California-based  company is
expected
to report  a 16.3% decrease in revenue to $37.736 million from
$45.09 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Luther Burbank Corp
is
for earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Luther
Burbank
Corp is $14.25​, above​ its last closing price of $9.32. ​​​

This summary was machine generated April 21 at 13:49 GMT.  All
figures in US dollars  unless otherwise stated