Cbtx Inc Expected To Post Earnings Of 37 Cents A Share: Earnings Preview

Stellar Bancorp

27/10/2021 08:31

* CBTX Inc  CBTX.OQ   CBTX.O  is expected to show a fall in
quarterly revenue when it reports results on October 28. 
* The Houston, Texas-based company is expected to report  a
1.8% decrease in revenue to $35.104 million from $35.73 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 37 cents per share. For the same quarter last year,
the company reported earnings of 26 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
$30​, about 9.2% above​ its last closing price of $27.25. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.27        0.27       0.41      Beat    53.7​
 Sep. 30 2020  0.26        0.26       0.26      Met     1.3
 Jun.          0.22​       0.21       0.09      Missed  -57.8​
 30​ 2020​                                              
 Mar. 31 2020  0.33        0.32       0.30      Missed  -7.2​
 Dec. 31 2019  0.49        0.49       0.50      Beat    2
 Sep. 30 2019  0.48        0.49       0.52      Beat    6.8
 This summary was machine generated October 27 at 07:31 GMT.  All
figures in US dollars unless otherwise stated