CaliberCos (NASDAQ:CWD) Announces Quarterly Earnings Results

CaliberCos (NASDAQ:CWD) announced its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.14, Zacks reports. The business 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 quarter in the prior year, the business posted ($0.16) earnings per share.

CaliberCos Stock Performance

CWD traded down $0.06 on Thursday, hitting $0.53. The company had a trading volume of 79,079 shares, compared to its average volume of 33,780. The stock has a market capitalization of $11.71 million, a price-to-earnings ratio of -1.19 and a beta of 0.56. The stock has a fifty day moving average price of $0.63 and a 200-day moving average price of $0.74. CaliberCos has a 12-month low of $0.50 and a 12-month 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.