Earnings Preview For Trustco Bank
Portfolio Pulse from Benzinga Insights
Trustco Bank (NASDAQ:TRST) is set to release its quarterly earnings report on October 23, 2023. Analysts estimate an earnings per share (EPS) of $0.76. The bank's past performance shows a pattern of beating EPS estimates but this has sometimes been followed by a drop in share price. The bank's shares are currently trading at $26.63, down 23.17% over the last 52-week period.
October 20, 2023 | 3:01 pm
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Trustco Bank is expected to report an EPS of $0.76 in its upcoming earnings. The bank has a history of beating EPS estimates but this has sometimes led to a drop in share price. The bank's shares have fallen 23.17% over the last 52 weeks.
Trustco Bank's upcoming earnings report is highly relevant as it directly impacts the bank's stock price. The bank's history of beating EPS estimates but experiencing subsequent share price drops adds uncertainty to the short-term price direction. The bank's shares have been on a downward trend over the last 52 weeks, which could influence investor sentiment.
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