Cbtx Inc Reports Results For The Quarter Ended In June: Earnings Summary

Stellar Bancorp

28/07/2022 23:33

* CBTX Inc  CBTX.OQ  reported quarterly adjusted earnings of
48
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 42 cents per share.
    * Revenue rose 11.3% to $38.42 million from a year ago;
analysts
expected $38.90 million. 
    * CBTX Inc's reported EPS for the quarter was 48 cents​.
    * The mean earnings estimate of analysts had risen by
about 19.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * CBTX Inc shares had risen by 12.7% this quarter and
gained 3.3%
so far this year.
    * The company reported quarterly net income of $11.71
million.
    * Wall Street's median 12-month price target for CBTX Inc is
$31.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 10:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.42           0.48           Beat
 Mar. 31 2022      0.32           0.38           Beat
 Dec. 31 2021      0.33           0.35           Beat
 Sep. 30 2021      0.37           0.59           Beat