Uscb Financial Holdings Inc Reports Results For The Quarter Ended In September 30: Earnings Summary

Uscb Financial Holdings

01/11/2024 03:01

* USCB Financial Holdings Inc  USCB.OQ  reported quarterly
adjusted earnings of 35 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of 19 cents.  The mean expectation of
five analysts for the quarter was for earnings of 31 cents per
share. Wall Street expected results to range from 29 cents to 32
cents per share.
    * Revenue rose 33.1% to $21.55 million from a year ago;
analysts
expected $20.75 million. 
    * USCB Financial Holdings Inc's reported EPS for the quarter
was
35 cents​.
    * The company reported quarterly net income of $6.95
million.
    * USCB Financial Holdings Inc shares had fallen by 4.3% this
quarter and gained 19.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for USCB Financial
Holdings Inc is 17.00 
This summary was machine generated from LSEG data November 1 at
03:01 a.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
 Sep. 30 2024      0.31           0.35           Beat
 Jun. 30 2024      0.24           0.31           Beat
 Mar. 31 2024      0.21           0.23           Beat
 Dec. 31 2023      0.22           0.14           Missed