Third Coast Bancshares Inc reports results for the quarter ended in December - Earnings Summary

Third Coast Bancshares

26/01/2023 22:49

* Third Coast Bancshares Inc  TCBX.OQ  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 43 cents per share.
    * Revenue rose 27.1% to $33.90 million from a year ago;
analysts
expected $34.21 million. 
    * Third Coast Bancshares Inc's reported EPS for the quarter
was 44
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Third Coast Bancshares Inc shares had risen by 2.1% this
quarter.
    * The company reported quarterly net income of $7.53
million.
    * Wall Street's median 12-month price target for Third Coast
Bancshares Inc is $22.00 
    * 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." 

This summary was machine generated from Refinitiv data January
26 at 10:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.43           0.44           Beat
 Sep. 30 2022      0.33           0.49           Beat
 Jun. 30 2022      0.30           0.16           Missed
 Mar. 31 2022      0.17           0.15           Missed