Cbtx Inc Expected To Post Earnings Of 32 Cents A Share: Earnings Preview

Stellar Bancorp

27/04/2022 01:24

* CBTX Inc  CBTX.OQ   CBTX.O  is expected to show a fall in
quarterly revenue when it reports  results on April 28. 
    * The Houston Texas-based  company is expected to report  a
1.3% decrease in revenue to $35.743 million from $36.2 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CBTX Inc is for
earnings
of 32 cents per share. For the same quarter last year, the
company reported earnings of 41 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 CBTX Inc is
$34​,
above​ its last closing price of $28.09. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.33        0.33       0.35      Beat    7.1
 Sep. 30 2021  0.38        0.37       0.59      Beat    59
 Jun. 30 2021  0.41        0.41       0.48      Beat    16.1​
 Mar. 31 2021  0.34        0.35       0.41      Beat    18.3
 ​​Dec.        0.27        0.27       0.41      Beat    53.7
 31 2020                                                
 Sep. 30 2020  0.26        0.26       0.26      Met     1.3​
 Jun. 30 2020  0.22        0.21       0.09      Missed  -57.8
 Mar. 31 2020  0.33        0.32       0.30      Missed  -7.2
 This summary was machine generated April 27 at 00:24 GMT.  All
figures in US dollars  unless otherwise stated