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

Trinity Capital

05/05/2023 16:55

* Trinity Capital Inc  TRIN.OQ  reported quarterly adjusted
earnings of 52 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 57 cents per share.
    * Revenue rose 30.4% to $41.54 million from a year ago;
analysts
expected $40.97 million. 
    * Trinity Capital Inc's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 9.2%
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 fallen by 7.5% this
quarter and
gained 7.8% so far this year.
    * The company reported quarterly net income of $22.49
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," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 03:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.57           0.52           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