Cbtx Inc Expected To Post Earnings Of 42 Cents A Share: Earnings Preview

Stellar Bancorp

27/07/2022 01:32

* CBTX Inc  CBTX.OQ   CBTX.O  is expected to show a rise in
quarterly revenue when it reports  results on July 28. 
    * The Houston Texas-based  company is expected to report  a
12.7% increase in revenue to $38.896 million from $34.51 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 42 cents per share. For the same quarter last year, the
company reported earnings of 48 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
$31​,
above​ its last closing price of $29.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.31        0.32       0.38      Beat    18.8
 Dec. 31 2022  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.        0.34        0.35       0.41      Beat    18.3
 31 2021                                                
 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. 30 2020  0.22        0.21       0.09      Missed  -57.8
 This summary was machine generated July 27 at 00:32 GMT.  All
figures in US dollars  unless otherwise stated