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

CaliberCos (NASDAQ:CWD) posted its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $11.30 million for the quarter. During the same period last year, the business posted ($0.16) EPS.

CaliberCos Trading Down 10.8 %

CaliberCos stock opened at $0.53 on Friday. 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.

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.