Third Coast Bancshares Inc expected to post earnings of 49  cents a share - Earnings Preview

Third Coast Bancshares

23/10/2023 23:47

* Third Coast Bancshares Inc  TCBX.OQ   TCBX.O  is expected
to show a rise in quarterly revenue when it reports  results 
    * The Austin Texas-based  company is expected to report  a
9.6% increase in revenue to $37.154 million from $33.89 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Third Coast
Bancshares
Inc is for earnings of 49 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Third Coast
Bancshares Inc is $23​, above​ its last closing price of $16.07.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.50        0.50       0.53      Beat    5.5
 Mar. 31 2023  0.42        0.42       0.55      Beat    31.7
 Dec. 31 2022  0.42        0.43       0.44      Beat    3.5​
 Sep. 30 2022  0.33        0.33       0.49      Beat    47.4
 ​​Jun.        0.30        0.30       0.16      Missed  -46.9
 30 2022                                                
 Mar. 31 2022  0.16        0.17       0.15      Missed  -11.8​
 Dec. 31 2021  0.29        0.30       0.03      Missed  -89.8
 Sep. 30 2021  0.34        0.34       0.28      Missed  -17.6
 This summary was machine generated October 23 at 22:47 GMT.  All
figures in US dollars  unless otherwise stated