Luther Burbank Corp expected to post earnings of 41 cents a share - Earnings Preview

Luther Burbank

23/10/2021 24:01

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
rise in quarterly revenue when it reports results on October
26. 
* The Santa Rosa California, California-based company is
expected to report  a 18.3% increase in revenue to $43.4 million
from $36.7 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 41 cents per share. For the same quarter last
year, the company reported 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 $15.25​, about 12.1% above​ its last closing price
of $13.40. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Sep. 30 2020  0.22        0.21       0.27      Beat    26
 Jun.          0.18​       0.17       0.18      Beat    3.1​
 30​ 2020​                                              
 Mar. 31 2020  0.21        0.21       0.14      Missed  -33​
 Dec. 31 2019  0.24        0.24       0.22      Missed  -7.6
 Sep. 30 2019  0.20        0.20       0.23      Beat    14.9
 This summary was machine generated October 22 at 23:01 GMT.  All
figures in US dollars unless otherwise stated