CaliberCos (CWD) Expected to Announce Quarterly Earnings on Wednesday

CaliberCos (NASDAQ:CWD) is projected to announce its results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of ($0.25) per share and revenue of $4.1320 million for the quarter.

CaliberCos (NASDAQ:CWD) last posted its quarterly earnings data on Wednesday, March 25th. The company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.85). CaliberCos had a negative return on equity of 390.11% and a negative net margin of 108.46%.The business had revenue of $4.13 million for the quarter, compared to analysts’ expectations of $4.13 million. On average, analysts expect CaliberCos to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CaliberCos Stock Up 4.1%

CWD stock opened at $1.00 on Friday. CaliberCos has a 52-week low of $0.80 and a 52-week high of $48.00. The stock’s 50 day moving average is $1.18 and its two-hundred day moving average is $1.62. The company has a market capitalization of $6.68 million, a PE ratio of -0.09 and a beta of -0.28.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of CaliberCos in a report on Monday, April 20th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CWD. Geode Capital Management LLC acquired a new position in shares of CaliberCos in the 4th quarter worth approximately $39,000. Jane Street Group LLC acquired a new position in shares of CaliberCos in the 4th quarter worth approximately $31,000. Finally, XTX Topco Ltd acquired a new position in shares of CaliberCos in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 4.06% of the company’s stock.

About CaliberCos

Caliber (NASDAQ: CWD) is a vertically integrated alternative asset management firm whose purpose is to build generational wealth for investors seeking to access opportunities in middle-market assets. Caliber differentiates itself by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments which are managed by our in-house asset services group. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.