Luther Burbank Corp expected to post earnings of 6 cents a share - Earnings Preview

Luther Burbank

19/01/2024 11:04

* Luther Burbank Corp  LBC.OQ   LBC.O  is expected to show a
fall
in quarterly revenue when it reports  results on January 22
(estimated) for the period ending December 31 2023
    * The Santa Rosa California California-based  company is
expected
to report a 2.8% decrease in revenue to $19.85 million from
$20.43 million a year ago, according to the estimate from one
analyst, based on LSEG data. (Sales/Revenue Majority Basis is on
Total Revenue)
    * ​LSEG's mean analyst estimate for Luther Burbank Corp is
for
earnings of 6 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $12.50​, above​ its last closing price of $9.55. ​​​

This summary was machine generated January 19 at 11:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)