Callidus Capital Corp (CBL) Releases Quarterly Earnings, Misses Estimates By $0.08 EPS
Callidus Capital Corp (TSE:CBL) released its earnings data on Monday. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.26 by $0.08, American Banking and Market News reports.
Shares of Callidus Capital Corp (TSE:CBL) opened at 20.38 on Monday. Callidus Capital Corp has a one year low of $15.46 and a one year high of $20.95. The stock has a 50-day moving average of $19.28 and a 200-day moving average of $18.10. The company’s market cap is $820.1 million.
CBL has been the subject of a number of recent research reports. Analysts at CIBC raised their price target on shares of Callidus Capital Corp from C$23.50 to C$25.00 in a research note on Monday. Finally, analysts at GMP Securities initiated coverage on shares of Callidus Capital Corp in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock. Three research analysts have rated the stock with a buy rating, Callidus Capital Corp has an average rating of “Buy” and an average target price of C$24.67.
Callidus Capital Corporation (TSE:CBL) specializes in providing financing solutions for companies that are unable to obtain adequate financing from conventional lending institutions.
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