Texas Capital Bancshares Q2 EPS $1.33 Beats $0.95 Estimate, Sales $278.00M Beat $270.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Capital Bancshares reported Q2 earnings of $1.33 per share, beating the analyst consensus estimate of $0.95 by 40%. This is a 125.42% increase from the same period last year. The company also reported quarterly sales of $278.00 million, beating the analyst consensus estimate of $270.15 million by 2.91%. This is a 19.95% increase from the same period last year.
July 20, 2023 | 10:01 am
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POSITIVE IMPACT
Texas Capital Bancshares reported strong Q2 earnings and sales, both beating analyst estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
Texas Capital Bancshares reported a significant increase in Q2 earnings and sales compared to the same period last year, and both figures also beat analyst estimates. This strong financial performance indicates the company's profitability and could potentially attract more investors, leading to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100