CWD Earnings Prediction
The chart below shows how CWD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CWD sees a +7.83% change in stock price 10 days leading up to the earnings, and a +4.12% change 10 days following the report. On the earnings day itself, the stock moves by +1.77%. This data can give you a slight idea of what to expect for the next quarter's release.
CWD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.30M
-33.62%
38.18%
Gross Margin
--
--
--
Operating Margin
7.95%
111.87%
-115.11%
Net Margin
0.01%
100.01%
-100.02%
EPS
0.01
106.25%
-104.55%
No Data Available
CWD Earnings Analysis
CaliberCos Inc. Class A Common Stock Corporation (CWD.O) Earnings Conference Call
Positive
Adjusted EBITDA Improvement: 1. Positive Adjusted EBITDA: Caliber achieved a positive adjusted EBITDA of $2.4 million in Q3 2024, a significant improvement from a loss of $1.5 million in the same period last year.
Significant Revenue Increase: 2. Substantial Revenue Growth: Total platform revenue increased by 98.9% to $7.4 million, driven by higher fund management fees and development activities.
Asset Management Revenue Boost: 3. Increased Asset Management Revenue: The acquisition of new properties is expected to boost Caliber's asset management revenue run rate by approximately $2.4 million, or 42%, following the addition of 15 hotels to the Caliber Hospitality Trust.
Managed Capital Increase: 4. Managed Capital Growth: Managed capital rose to $485.3 million, reflecting a 10.9% increase compared to the end of 2023, with originations of $61.4 million during the quarter.
Cost Management Achievement: 5. Cost Reduction Success: Consolidated expenses decreased by 60.8% to $11.1 million, contributing to the overall positive financial performance and demonstrating effective cost management strategies.
Negative
Revenue Decline Analysis: 1. Declining Total Revenue: Total consolidated revenue for Q3 2024 was $12 million, a decrease of 29.5% compared to the same period last year, primarily due to the deconsolidation of several hospitality assets.
Net Income Improvement: 2. Net Income Loss: The net income attributed to Caliber was only $0.1 million, a significant improvement from a net loss of $3.4 million in the same period last year, indicating ongoing financial instability despite the improvement.
Corporate Debt Concerns: 3. High Corporate Debt: Caliber has approximately $33 million of corporate debt due within the next 12 months, which is causing pressure on cash flow and raises concerns about the company's liquidity.
Workforce Downsizing: 4. Employee Reduction: The company executed a reduction in force of approximately 10% of its employees in May, indicating challenges in maintaining operational efficiency and financial health.
Stagnant Fund Performance: 5. Negative Fund Performance: Performance allocations during the quarter were nominal, reflecting a stagnation in the company's ability to generate returns from its managed assets amid a challenging market environment.
CWD FAQs
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CWD Earning Call Sentiment
CaliberCos, Inc. (CWD) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
CWD.O
10.92%Positive
The earnings call presents a mixed picture: strong platform revenue growth and positive EBITDA expectations are offset by declining total consolidated revenue and significant risks, including cash flow pressure and market volatility. The Q&A section reveals management's uncertainty about performance allocations, adding to investor concerns. The absence of a shareholder return plan and the company's operational challenges further contribute to a neutral sentiment. While there are positive aspects, such as cost savings and managed capital growth, the overall outlook remains balanced, suggesting limited stock price movement in the near term.