TrustCo Bank Corp NY reports results for the quarter ended in March - Earnings Summary

TrustCo Bank NY

24/04/2023 23:00

* TrustCo Bank Corp NY  TRST.OQ  reported quarterly adjusted
earnings of 93 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of
$1.02 per share.
    * Revenue rose 14% to $51.63 million from a year ago;
analysts
expected $53.34 million. 
    * TrustCo Bank Corp NY's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts was unchanged 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 NY shares had fallen by 7.7% this
quarter and
lost 21.6% so far this year.
    * The company reported quarterly net income of $17.75
million.
    * Wall Street's median 12-month price target for TrustCo
Bank Corp
NY is $30.00 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 24 at 10:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.02           0.93           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