Luther Burbank Corp expected to post earnings of 40  cents a share - Earnings Preview

Luther Burbank

23/04/2022 02:18

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 26. 
    * The Santa Rosa California California-based  company is
expected
to report  a 16.0% increase in revenue to $45.27 million from
$39.03 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 40 cents per share. For the same quarter last
year, the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $14.5​, above​ its last closing price of $13.55. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.43        0.43       0.45      Beat    5.5
 Sep. 30 2021  0.40        0.41       0.48      Beat    18.5
 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.        0.27        0.27       0.31      Beat    15.8
 31 2020                                                
 Sep. 30 2020  0.22        0.21       0.27      Beat    26​
 Jun. 30 2020  0.18        0.17       0.18      Beat    3.1
 Mar. 31 2020  0.21        0.21       0.14      Missed  -33
 This summary was machine generated April 23 at 01:18 GMT.  All
figures in US dollars  unless otherwise stated