Third Coast Bancshares Inc expected to post earnings of 50  cents a share - Earnings Preview

Third Coast Bancshares

25/07/2023 24:06

* Third Coast Bancshares Inc  TCBX.OQ   TCBX.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 26. 
    * The Austin Texas-based  company is expected to report  a
23.2% increase in revenue to $35.721 million from $29 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 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $20​, above​ its last closing price of $18.71.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.42        0.42       0.55      Beat    31.7
 Dec. 31 2023  0.42        0.43       0.44      Beat    3.5
 Sep. 30 2022  0.33        0.33       0.49      Beat    47.4​
 Jun. 30 2022  0.30        0.30       0.16      Missed  -46.9
 ​​Mar.        0.16        0.17       0.15      Missed  -11.8
 31 2022                                                
 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 July 24 at 23:06 GMT.  All
figures in US dollars  unless otherwise stated