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

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

CaliberCos Stock Performance

CaliberCos stock traded down $0.00 during trading on Wednesday, hitting $0.60. The company’s stock had a trading volume of 40,032 shares, compared to its average volume of 33,575. The stock has a market capitalization of $13.12 million, a price-to-earnings ratio of -1.14 and a beta of 0.56. The stock’s fifty day moving average is $0.63 and its 200 day moving average is $0.74. CaliberCos has a 1-year low of $0.50 and a 1-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.