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

Luther Burbank

27/10/2021 10:47

* Luther Burbank Corp  LBC.OQ  reported quarterly adjusted
earnings of 48 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 41 cents per share.
* Revenue fell 15.8% to $30.91 million from a year ago; 
analysts expected $43.40 million. 
* Luther Burbank Corp's reported EPS for the quarter was 48
cents​.
* The mean earnings estimate of analysts had risen by about 9.9%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Luther Burbank Corp shares had risen by 0.4% this quarter and
gained 37.3% so far this year.
* The company reported quarterly net income of $24.74 million.
* Wall Street's median 12-month price target for Luther Burbank
Corp is $15.25 
* 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." 
This summary was machine generated October 27 at 09:47 a.m.
 ​All figures in US dollars unless otherwise stated