Trinity Capital Inc expected to post earnings of 53  cents a share - Earnings Preview

Trinity Capital

31/07/2023 15:02

* Trinity Capital Inc  TRIN.OQ   TRIN.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 2. 
    * The Phoenix Arizona-based  company is expected to report 
a
23.6% increase in revenue to $41.369 million from $33.46 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Trinity Capital Inc
is
for earnings of 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and 1 "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 $13.5​, below​ its last closing price of $14.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.57        0.57       0.52      Missed  -8.4
 Dec. 31 2023  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
 ​​Mar.        0.43        0.43       0.57      Beat    34.1
 31 2022                                                
 Dec. 31 2021  0.41        0.41       0.38      Missed  -6.3​
 Sep. 30 2021  0.35        0.35       0.40      Beat    13.4
 Jun. 30 2021  0.32        0.32       0.38      Beat    17.7
 This summary was machine generated July 31 at 14:02 GMT.  All
figures in US dollars  unless otherwise stated