Luther Burbank Corp reports results for the quarter ended in March - Earnings Summary

Luther Burbank

27/04/2021 22:44

* Luther Burbank Corp  LBC.OQ  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 29 cents per share.
* Revenue rose 18.6% to $39.03 million from a year ago​; 
analysts expected $37.77 million.
* Luther Burbank Corp's reported EPS for the quarter was 35
cents​.
* The mean earnings estimate of analysts had risen by
about 17.1% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Luther Burbank Corp shares had fallen by 5.8% this quarter and
gained 13.7% so far this year.
* The company reported quarterly net income of $18.41 million.
* Wall Street's median 12-month price target for Luther Burbank
Corp is $14.00 
* 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." 
This summary was machine generated April 27 at 09:44 p.m. GMT.
​All figures in US Dollars.​