TrustCo Bank Corp N Y reports results for the quarter ended in December - Earnings Summary

TrustCo Bank NY

23/01/2023 22:01

* TrustCo Bank Corp N Y  TRST.OQ  reported quarterly
adjusted
earnings of $1.10​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for earnings of 99
cents per share.
    * Revenue rose 20.4% to $53.96 million from a year ago;
analysts
expected $52.32 million. 
    * TrustCo Bank Corp N Y's reported EPS for the quarter was
$1.10​.
    * The mean earnings estimate of analysts had risen by
about 11.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * TrustCo Bank Corp N Y shares had fallen by 0.4% this
quarter.
    * The company reported quarterly net income of $20.91
million.
    * Wall Street's median 12-month price target for TrustCo
Bank Corp
N Y is $39.00 
    * 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." 

This summary was machine generated from Refinitiv data January
23 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.99           1.10           Beat
 Sep. 30 2022      0.88           1.01           Beat
 Jun. 30 2022      0.77           0.93           Beat
 Mar. 31 2022      0.69           0.89           Beat