CaliberCos (NASDAQ:CWD) Announces Earnings Results

CaliberCos (NASDAQ:CWD) released its earnings results on Tuesday. The company reported $0.01 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 company had revenue of $11.30 million during the quarter. During the same period last year, the business posted ($0.16) earnings per share.

CaliberCos Stock Down 0.8 %

CWD stock traded down $0.00 during midday trading on Wednesday, reaching $0.60. The stock had a trading volume of 39,816 shares, compared to its average volume of 33,575. The firm has a market cap of $13.12 million, a price-to-earnings ratio of -1.14 and a beta of 0.56. CaliberCos has a twelve month low of $0.50 and a twelve month high of $1.74. The business has a fifty day simple moving average of $0.63 and a two-hundred day simple moving average of $0.74.

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.