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

TrustCo Bank NY

21/07/2022 22:02

* TrustCo Bank Corp N Y  TRST.OQ  reported quarterly
adjusted
earnings of 93 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 77
cents per share.
    * Revenue rose 7.1% to $47.98 million from a year ago; 
analysts
expected $45.87 million. 
    * TrustCo Bank Corp N Y's reported EPS for the quarter was
93
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
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 risen by 2.8% this
quarter and
lost 4.8% so far this year.
    * The company reported quarterly net income of $17.87
million.
    * Wall Street's median 12-month price target for TrustCo
Bank Corp
N Y is $33.00 
    * 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 July 21 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.77           0.93           Beat
 Mar. 31 2022      0.69           0.89           Beat
 Dec. 31 2021      0.74           0.85           Beat
 Sep. 30 2021      0.72           0.87           Beat
 This summary was machine generated from Refinitiv data July 21
at 09:01 p.m