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

Trico Bancshares

26/04/2023 22:45

* Trico Bancshares  TCBK.OQ  reported quarterly adjusted
earnings
of $1.07​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
$1.10 per share.
    * Revenue rose 36.7% to $106.97 million from a year ago;
analysts
expected $113.61 million. 
    * Trico Bancshares's reported EPS for the quarter was
$1.07​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Trico Bancshares shares had fallen by 11.9% this
quarter and
lost 28.2% so far this year.
    * The company reported quarterly net income of $35.83
million.
    * Wall Street's median 12-month price target for Trico
Bancshares
is $52.50 
    * 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
April 26 at 09:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      1.00           0.93           Missed