Earnings Outlook For Trustco Bank
Portfolio Pulse from Benzinga Insights
Trustco Bank (NASDAQ:TRST) is set to release its latest quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.85. The bank's past performance shows a mixed trend of beating and missing EPS estimates. The share price has seen a general increase following the earnings announcements. The bank's shares were trading at $30.35 as of July 20, with a 52-week decrease of 6.63%.
July 21, 2023 | 3:03 pm
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Trustco Bank's upcoming earnings report could impact its stock price. The bank has a mixed history of beating and missing EPS estimates, which has generally led to an increase in share price. However, the bank's shares have decreased by 6.63% over the last 52 weeks.
Trustco Bank's stock price could be influenced by its upcoming earnings report. The bank's past performance shows a mixed trend of beating and missing EPS estimates, which has generally led to an increase in share price. However, the bank's shares have seen a 52-week decrease of 6.63%, indicating a bearish sentiment among long-term shareholders. Therefore, the upcoming earnings report could either reinforce this sentiment or potentially reverse it, depending on the results.
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