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

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

CaliberCos Stock Down 10.8 %

NASDAQ CWD traded down $0.06 on Thursday, reaching $0.53. The company had a trading volume of 79,079 shares, compared to its average volume of 33,780. The firm’s 50 day moving average price is $0.63 and its 200 day moving average price is $0.74. CaliberCos has a 12 month low of $0.50 and a 12 month high of $1.74. The stock has a market capitalization of $11.71 million, a PE ratio of -1.19 and a beta of 0.56.

CaliberCos Company Profile

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.