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

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

CaliberCos Stock Down 0.8 %

NASDAQ:CWD traded down $0.00 during trading hours on Wednesday, reaching $0.60. The company had a trading volume of 39,816 shares, compared to its average volume of 33,575. The stock has a 50-day moving average of $0.63 and a two-hundred day moving average of $0.74. CaliberCos has a one year low of $0.50 and a one year high of $1.74. The firm has a market capitalization of $13.12 million, a PE ratio of -1.14 and a beta of 0.56.

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.