TrustCo Bank Corp NY expected to post earnings of 66 cents a share - Earnings Preview

TrustCo Bank NY

19/01/2024 21:04

* TrustCo Bank Corp NY  TRST.OQ   TRST.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 22
for the period ending December 31 2023
    * The Glenville New York-based  company is expected to
report a
16.8% decrease in revenue to $44.9 million from $53.96 million a
year ago, according to the estimate from one analyst, based on
LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for TrustCo Bank Corp NY is
for
earnings of 66 cents per share. 
    * The one available analyst rating on the shares is
"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
NY is $29.00​, above​ its last closing price of $28.83. ​​​

This summary was machine generated January 19 at 21:04 GMT.  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)