Trico Bancshares expected to post earnings of 79 cents a share - Earnings Preview

Trico Bancshares

22/04/2024 12:04

* Trico Bancshares  TCBK.OQ   TCBK.O  is expected to show a
fall
in quarterly revenue when it reports  results on April 24
(estimated) for the period ending March 31 2024
    * The Chico California-based  company is expected to report
a
6.5% decrease in revenue to $100.039 million from $106.97
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Trico Bancshares is for
earnings of 79 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Trico
Bancshares
is $42.50​, above​ its last closing price of $33.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.84        0.83       0.78      Missed  -6.5
 Sep. 30 2023  0.88        0.88       0.92      Beat    4.2
 Jun. 30 2023  0.93        0.94       0.75      Missed  -20​
 Mar. 31 2023  1.10        1.10       1.07      Missed  -3
 ​​Dec.        1.16        1.16       1.09      Missed  -6.4
 31 2022                                                
 Sep. 30 2022  1.09        1.10       1.12      Beat    1.4​
 Jun. 30 2022  0.99        1.00       0.93      Missed  -6.7
 Mar. 31 2022  0.63        0.64       0.73      Beat    13.3
 This summary was machine generated April 22 at 11:04 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)