Texas Capital Bancshares Q3 EPS $1.18 Beats $1.03 Estimate, Sales $278.94M Beat $270.29M Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Capital Bancshares (NASDAQ:TCBI) reported Q3 earnings of $1.18 per share, beating the analyst consensus estimate of $1.03 by 14.56%. This is a 59.46% increase from the same period last year. The company also reported quarterly sales of $278.94 million, beating the analyst consensus estimate of $270.29 million by 3.20%. This is a 5.50% increase from the same period last year.
October 19, 2023 | 10:04 am
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Texas Capital Bancshares reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Texas Capital Bancshares reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100