Third Coast Bancshares Q2 EPS $0.53 Beats $0.50 Estimate, Sales $36.38M Beat $35.72M Estimate
Portfolio Pulse from saritha@benzinga.com
Third Coast Bancshares (NASDAQ:TCBX) reported Q2 earnings of $0.53 per share, beating the analyst consensus estimate of $0.50 by 6%. This is a 231.25% increase from the same period last year. The company also reported quarterly sales of $36.38 million, beating the analyst consensus estimate of $35.72 million by 1.84%. This is a 25.42% increase from the same period last year.
July 26, 2023 | 8:30 pm
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Third Coast Bancshares reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Third Coast Bancshares reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100