CaliberCos (NASDAQ:CWD) Posts Quarterly Earnings Results, Misses Estimates By $0.85 EPS

CaliberCos (NASDAQ:CWD) issued its earnings results on Wednesday. The company reported ($1.24) EPS for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.85), FiscalAI reports. The business had revenue of $4.13 million during the quarter, compared to analysts’ expectations of $4.13 million. CaliberCos had a negative return on equity of 947.22% and a negative net margin of 103.28%.

CaliberCos Price Performance

NASDAQ:CWD opened at $1.24 on Thursday. The firm’s 50-day moving average price is $1.29 and its 200-day moving average price is $2.54. The company has a market capitalization of $8.12 million, a PE ratio of -0.06 and a beta of -0.29. CaliberCos has a 1-year low of $1.05 and a 1-year high of $48.00.

Institutional Investors Weigh In On CaliberCos

Several hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC bought a new position in shares of CaliberCos during the fourth quarter valued at approximately $39,000. Jane Street Group LLC purchased a new stake in shares of CaliberCos in the 4th quarter worth approximately $31,000. Finally, XTX Topco Ltd bought a new position in shares of CaliberCos in the fourth quarter worth approximately $28,000. Institutional investors own 4.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CaliberCos in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

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. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities.