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

Luther Burbank

26/04/2022 22:01

* Luther Burbank Corp  LBC.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 40 cents per share.
    * Revenue fell 24.2% to $29.58 million from a year ago; 
analysts
expected $45.27 million. 
    * Luther Burbank Corp's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Luther Burbank Corp shares had risen by 1.6% this
quarter and
lost 3.8% so far this year.
    * The company reported quarterly net income of $22.94
million.
    * Wall Street's median 12-month price target for Luther
Burbank
Corp is $14.50 
    * 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." 

This summary was machine generated April 26 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated