Triumph Financial Inc TFIN.OQ reported quarterly adjusted earnings of 15 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of five analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 2 cents to 10 cents per share.
Revenue rose 6% to $108.06 million from a year ago; analysts expected $105.83 million.
Triumph Financial Inc's reported EPS for the quarter was 15 cents.
The company reported quarterly net income of $3.62 million.
Triumph Financial Inc shares had risen by 12.8% this quarter and lost 31.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 62.7% 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 no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Triumph Financial Inc is $55.50, about 12% below its last closing price of $62.15
This summary was machine generated from LSEG data July 16 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)