Trustco Bank Q1 EPS $0.138 Down From $0.150 YoY, Sales $42.063M Miss $42.360M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trustco Bank reported a Q1 EPS of $0.138, down from $0.150 year-over-year, and sales of $42.063 million, missing the $42.360 million estimate.
April 21, 2020 | 8:03 pm
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NEGATIVE IMPACT
Trustco Bank's Q1 earnings per share decreased to $0.138 from $0.150 year-over-year, and sales of $42.063 million missed the expected $42.360 million.
The decrease in EPS and the miss on sales estimates are likely to negatively impact Trustco Bank's stock price in the short term as they indicate weaker financial performance compared to expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100