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

CaliberCos (NASDAQ:CWD) released its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.14, Zacks reports. The business 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 period in the prior year, the business earned ($0.16) EPS.

CaliberCos Stock Performance

Shares of NASDAQ CWD traded down $0.02 during midday trading on Thursday, hitting $0.58. 19,137 shares of the stock traded hands, compared to its average volume of 33,510. CaliberCos has a one year low of $0.50 and a one year high of $1.74. The business has a 50 day moving average price of $0.63 and a two-hundred day moving average price of $0.74. The company has a market cap of $12.79 million, a PE ratio of -1.19 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.