Triumph Financial Inc reports results for the quarter ended in January - Earnings Summary

Triumph Financial

17/07/2024 22:02

* Triumph Financial Inc  TFIN.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 29 cents.  The mean expectation of six analysts
for the quarter was for earnings of 22 cents per share. Wall
Street expected results to range from 15 cents to 27 cents per
share.
    * Revenue fell 1% to $101.96 million from a year ago;
analysts
expected $104.08 million. 
    * Triumph Financial Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $1.95
million.
    * Triumph Financial Inc shares had risen by 15.2% this
quarter and
gained 17.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 43%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Triumph Financial
Inc is $68.00 
This summary was machine generated from LSEG data July 17 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.22           0.08           Missed
 Mar. 31 2024      0.34           0.14           Missed
 Dec. 31 2023      0.40           0.37           Missed
 Sep. 30 2023      0.37           0.51           Beat