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

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

CaliberCos Trading Down 2.7%

Shares of NASDAQ:CWD traded down $0.04 during midday trading on Thursday, hitting $1.27. The stock had a trading volume of 30,800 shares, compared to its average volume of 75,041. CaliberCos has a 1 year low of $1.05 and a 1 year high of $48.00. The stock has a 50 day moving average price of $1.29 and a two-hundred day moving average price of $2.54. The company has a market capitalization of $8.26 million, a PE ratio of -0.06 and a beta of -0.29.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CaliberCos in a research note on Wednesday, January 21st. One equities research 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, CaliberCos currently has a consensus rating of “Reduce”.

Institutional Investors Weigh In On CaliberCos

Hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in CaliberCos in the 4th quarter valued at approximately $28,000. Jane Street Group LLC acquired a new stake in shares of CaliberCos in the 4th quarter valued at approximately $31,000. Finally, Geode Capital Management LLC acquired a new stake in shares of CaliberCos in the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 4.06% of the company’s stock.

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.