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

Triumph Financial

17/04/2024 22:01

* Triumph Financial Inc  TFIN.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 43 cents.  The mean expectation of six analysts for the
quarter was for earnings of 34 cents per share. Wall Street
expected results to range from 29 cents to 40 cents per share.
    * Revenue fell 3.5% to $101.03 million from a year ago;
analysts
expected $106.01 million. 
    * Triumph Financial Inc's reported EPS for the quarter was
14
cents​.
    * The company reported quarterly net income of $3.36
million.
    * Triumph Financial Inc shares had fallen by 5.0% this
quarter and
lost 6.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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." 
    * Wall Street's median 12-month price target for Triumph
Financial
Inc is $70.00 

This summary was machine generated from LSEG data April 17 at
09:00 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
 Mar. 31 2024      0.34           0.14           Missed
 Dec. 31 2023      0.40           0.37           Missed
 Sep. 30 2023      0.37           0.51           Beat
 Jun. 30 2023      0.41           0.29           Missed