Luther Burbank Corp expected to post earnings of 33 cents a share - Earnings Preview

Luther Burbank

23/07/2021 23:44

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
rise in quarterly revenue when it reports results on July 27. 
* The Santa Rosa California, California-based company is
expected to report   a 18.2% increase in revenue to $39.967
million from $33.82 million a year ago, according to the mean
estimate from 3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Luther Burbank Corp is
for earnings of 33 cents per share. For the same quarter last
year, the company reported earnings of 18 cents per share.
* 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." 
* 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​, about 12.6% above​ its last closing price
of $12.23. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.29        0.29       0.35      Beat    20.7
 Dec. 31 2020  0.27        0.27       0.31      Beat    15.8
 Sep. 30 2020  0.22        0.21       0.27      Beat    26​
 Jun. 30 2020  0.18        0.17       0.18      Beat    3.1
 Mar.          0.21​       0.21       0.14      Missed  -33​
 31​ 2020​                                              
 Dec. 31 2019  0.24        0.24       0.22      Missed  -7.6​
 Sep. 30 2019  0.20        0.20       0.23      Beat    14.9
 Jun. 30 2019  0.21        0.21       0.21      Met     2.1
 This summary was machine generated July 23 at 22:44 GMT.  All
figures in US dollars unless otherwise stated