A Preview Of Customers Bancorp's Earnings

Customers Bancorp CUBI is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Customers Bancorp to report an earnings per share (EPS) of $1.49.

Customers Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

Last quarter the company beat EPS by $0.06, which was followed by a 4.37% increase in the share price the next day.

Here's a look at Customers Bancorp's past performance and the resulting price change:

To track all earnings releases for Customers Bancorp visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.