Trico Bancshares reports results for the quarter ended in June - Earnings Summary

Trico Bancshares

26/07/2023 22:51

* Trico Bancshares  TCBK.OQ  reported quarterly adjusted
earnings
of 75 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
94 cents per share.
    * Revenue fell 6.4% to $95.03 million from a year ago;
analysts
expected $104.82 million. 
    * Trico Bancshares's reported EPS for the quarter was 75
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Trico Bancshares shares had risen by 14.7% this
quarter and
lost 25.3% so far this year.
    * The company reported quarterly net income of $24.89
million.
    * Wall Street's median 12-month price target for Trico
Bancshares
is $41.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 09:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.94           0.75           Missed
 Mar. 31 2023      1.10           1.07           Missed
 Dec. 31 2022      1.16           1.09           Missed
 Sep. 30 2022      1.10           1.12           Beat