Trinity Capital Inc reports results for the quarter ended in December - Earnings Summary

Trinity Capital

02/03/2023 23:01

* Trinity Capital Inc  TRIN.OQ  reported quarterly adjusted
earnings of 57 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 75.8% to $41.51 million from a year ago;
analysts
expected $38.16 million. 
    * Trinity Capital Inc's reported EPS for the quarter was a
loss
of 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Trinity Capital Inc shares had risen by 22.0% this
quarter.
    * The company reported a quarterly loss of $1.59 million.
    * Wall Street's median 12-month price target for Trinity
Capital
Inc is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 11:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.50           0.57           Beat
 Sep. 30 2022      0.52           0.56           Beat
 Jun. 30 2022      0.48           0.51           Beat
 Mar. 31 2022      0.43           0.57           Beat