Trinity Capital Inc expected to post earnings of 52 cents a share - Earnings Preview

Trinity Capital

05/08/2024 16:14

* Trinity Capital Inc  TRIN.OQ   TRIN.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The Phoenix Arizona-based  company is expected to report a
14.7% increase in revenue to $52.833 million from $46.05 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data. (Sal is based on Total Investment Income
(Interest Income + Fee Income))
    * ​LSEG's mean analyst estimate for Trinity Capital Inc is
for
earnings of 52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Trinity
Capital
Inc is $16.00​, above​ its last closing price of $14.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.54        0.54       0.52      Missed  -3.2
 Dec. 31 2024  0.55        0.54       0.54      Met     0
 Sep. 30 2023  0.55        0.55       0.55      Met     -0.2​
 Jun. 30 2023  0.54        0.53       0.61      Beat    14.6
 ​​Mar.        0.57        0.57       0.52      Missed  -8.4
 31 2023                                                
 Dec. 31 2022  0.51        0.50       0.57      Beat    13​
 Sep. 30 2022  0.52        0.52       0.56      Beat    8.6
 Jun. 30 2022  0.48        0.48       0.51      Beat    6.3
 This summary was machine generated August 5 at 15:14 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)