Luther Burbank Corp expected to post earnings of 34cents a share - Earnings Preview

Luther Burbank

20/01/2023 21:54

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
fall
in quarterly revenue when it reports  results on January 23
(estimated). 
    * The Santa Rosa California California-based  company is
expected
to report  a 9.5% decrease in revenue to $41.977 million from
$46.36 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 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Luther
Burbank
Corp is $15​, above​ its last closing price of $11.18. ​​​

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  0.38        0.38       0.41      Beat    7.8
 Jun. 30 2022  0.38        0.38       0.44      Beat    16.5
 Mar. 31 2022  0.40        0.40       0.45      Beat    13.1​
 Dec. 31 2021  0.43        0.43       0.45      Beat    5.5
 ​​Sep.        0.40        0.41       0.48      Beat    18.5
 30 2021                                                
 Jun. 30 2021  0.33        0.33       0.41      Beat    24.7​
 Mar. 31 2021  0.29        0.29       0.35      Beat    20.7
 Dec. 31 2020  0.27        0.27       0.31      Beat    15.8
 This summary was machine generated January 20 at 21:54 GMT.  All
figures in US dollars  unless otherwise stated