Third Coast Bancshares Inc expected to post earnings of 68 cents a share - Earnings Preview

Third Coast Bancshares

20/01/2025 21:07

* Third Coast Bancshares Inc  TCBX.OQ   TCBX.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 22 for the period ending December 31 2024
    * The Humble Texas-based  company is expected to report a
11.2% increase in revenue to $43.905 million from $39.49 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Third Coast Bancshares
Inc is
for earnings of 68 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 $34.00​, above​ its last closing price
of $33.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.56        0.54       0.74      Beat    37
 Jun. 30 2024  0.56        0.57       0.63      Beat    11.2
 Mar. 31 2024  0.50        0.49       0.61      Beat    24.5​
 Dec. 31 2023  0.48        0.49       0.57      Beat    17.5
 ​​Sep.        0.50        0.49       0.32      Missed  -34.7
 30 2023                                                
 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
 This summary was machine generated January 20 at 21:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)