Trinity Capital Inc expected to post earnings of 57  cents a share - Earnings Preview

Trinity Capital

03/05/2023 03:03

* Trinity Capital Inc  TRIN.OQ   TRIN.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 4. 
    * The Phoenix Arizona-based  company is expected to report 
a
28.7% increase in revenue to $40.974 million from $31.85 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Trinity Capital Inc
is
for earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $14​, above​ its last closing price of $12.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.43        0.43       0.57      Beat    34.1
 ​​Dec.        0.41        0.41       0.38      Missed  -6.3
 31 2021                                                
 Sep. 30 2021  0.35        0.35       0.40      Beat    13.4​
 Jun. 30 2021  0.32        0.32       0.38      Beat    17.7
 Mar. 31 2021  0.28        0.28       0.31      Beat    10.7
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated