CaliberCos (NASDAQ:CWD) Announces Earnings Results, Beats Estimates By $0.14 EPS

CaliberCos (NASDAQ:CWD) issued its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.14, Zacks reports. CaliberCos had a negative return on equity of 13.02% and a negative net margin of 16.19%. The company had revenue of $11.30 million for the quarter. During the same quarter in the prior year, the company posted ($0.16) EPS.

CaliberCos Price Performance

Shares of CaliberCos stock opened at $0.53 on Friday. The business has a 50 day simple moving average of $0.63 and a two-hundred day simple moving average of $0.74. CaliberCos has a 12 month low of $0.50 and a 12 month high of $1.74.

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.