TriCo Q2 EPS $0.75 Misses $0.94 Estimate
Portfolio Pulse from Bill Haddad
TriCo (NASDAQ:TCBK) reported Q2 earnings of $0.75 per share, missing the analyst consensus estimate of $0.94 by 20.21 percent. This represents a 19.35 percent decrease from the same period last year.
July 26, 2023 | 9:14 pm
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NEGATIVE IMPACT
TriCo's Q2 earnings per share missed the analyst consensus estimate by 20.21 percent, a decrease of 19.35 percent from the same period last year.
TriCo's earnings miss is likely to negatively impact investor sentiment and could lead to a short-term decrease in the stock price. The 19.35% YoY decrease indicates a significant drop in profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100