Clients Bancorp (CUBI) Misses This autumn Earnings Estimates

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Clients Bancorp (CUBI) Misses This autumn Earnings Estimates

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Clients Bancorp (CUBI) got here out with quarterly earnings of $0.76 per share, lacking the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.53 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -1.30%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would put up earnings of $0.74 per share when it really produced earnings of $0.73, delivering a shock of -1.35%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.

Clients Bancorp, which belongs to the Zacks Banks – Southeast trade, posted revenues of $103.41 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 10.29%. This compares to year-ago revenues of $81.40 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.

The sustainability of…



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