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

CaliberCos (NASDAQ:CWD) announced its quarterly earnings data 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. CaliberCos had a negative return on equity of 13.02% and a negative net margin of 16.19%. The firm had revenue of $11.30 million for the quarter. During the same quarter in the previous year, the company earned ($0.16) EPS.

CaliberCos Trading Down 0.8 %

NASDAQ CWD traded down $0.00 on Wednesday, hitting $0.60. 40,032 shares of the stock traded hands, compared to its average volume of 33,575. The stock has a 50-day moving average of $0.63 and a 200 day moving average of $0.74. CaliberCos has a twelve month low of $0.50 and a twelve month high of $1.74. The company has a market capitalization of $13.12 million, a P/E 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.