Cbtx Inc Expected To Post Earnings Of 33 Cents A Share: Earnings Preview

Stellar Bancorp

25/01/2022 22:59

* CBTX Inc  CBTX.OQ   CBTX.O  is expected to show a fall in
quarterly revenue when it reports  results on January 27. 
    * The Houston Texas-based  company is expected to report  a
4.6% decrease in revenue to $34.368 million from $36.04 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 33 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
$33​,
about 5.6% above​ its last closing price of $31.14. ​​​
    * 

This summary was machine generated January 25 at 22:59 GMT.  All
figures in US dollars  unless otherwise stated