Uscb Financial Holdings Inc Reports Results For The Quarter Ended In June: Earnings Summary

Uscb Financial Holdings

25/07/2024 23:35

* USCB Financial Holdings Inc  USCB.OQ  reported quarterly
adjusted earnings of 31 cents​​ per share for the quarter ended
in June, higher than the same quarter last year, when the
company reported EPS of 21 cents.  The mean expectation of
four analysts for the quarter was for earnings of 24 cents per
share. Wall Street expected results to range from 22 cents to 24
cents per share.
    * Revenue rose 28% to $20.51 million from a year ago;
analysts
expected $18.45 million. 
    * USCB Financial Holdings Inc's reported EPS for the quarter
was
31 cents​.
    * The company reported quarterly net income of $4.21
million.
    * USCB Financial Holdings Inc shares had risen by 20.3% this
quarter and gained 26.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for USCB Financial
Holdings Inc is $13.25 
This summary was machine generated from LSEG data July 25 at
10:35 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.24           0.31           Beat
 Mar. 31 2024      0.21           0.23           Beat
 Dec. 31 2023      0.22           0.14           Missed
 Sep. 30 2023      0.20           0.19           Missed