CaliberCos (NASDAQ:CWD) Posts Quarterly Earnings Results, Misses Expectations By $3.83 EPS

CaliberCos (NASDAQ:CWD) announced its quarterly earnings results on Thursday. The company reported ($3.85) EPS for the quarter, missing the consensus estimate of ($0.02) by ($3.83), Zacks reports. CaliberCos had a negative net margin of 16.19% and a negative return on equity of 13.83%.

CaliberCos Trading Down 5.9%

NASDAQ:CWD opened at $3.86 on Friday. The business’s 50-day moving average price is $8.64 and its two-hundred day moving average price is $10.65. CaliberCos has a 1-year low of $3.62 and a 1-year high of $20.80. The firm has a market capitalization of $3.59 million, a price-to-earnings ratio of -7.72 and a beta of -0.45.

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.