TrustCo Bank Corp N Y expected to post earnings of 69  cents a share - Earnings Preview

TrustCo Bank NY

19/07/2021 21:07

* TrustCo Bank Corp N Y  TRST.OQ   TRST.O  is expected to show a
rise in quarterly revenue when it reports results on July 21 .
* The Albany, New York-based company is expected to report   a
6.3% increase in revenue to $43.68 million from $41.11 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
​* Refinitiv's mean analyst estimate for TrustCo Bank Corp N Y
is for earnings of 69 cents per share. For the same quarter last
year, the company reported earnings of 59 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for TrustCo Bank
Corp N Y is $40​, about 16% above​ its last closing price
of $33.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021              0.70       0.73      Beat    4.3
 Dec. 31 2020              0.70       0.72      Beat    2.1
 Sep. 30 2020  0.60        0.60       0.73      Beat    21.7​
 Jun. 30 2020  0.55        0.55       0.59      Beat    6.4
 Mar.          0.65​       0.65       0.69      Beat    6.2​
 31​ 2020​                                              
                                                        ​
 Sep. 30 2019  0.75        0.75       0.75      Met     0
 Jun. 30 2019  0.75        0.75       0.76      Beat    0.7
 This summary was machine generated July 19 at 20:07 GMT.  All
figures in US dollars unless otherwise stated