Trustmark Q3 EPS $0.64 Misses $0.67 Estimate
Portfolio Pulse from Happy Mohamed
Trustmark reported Q3 earnings of $0.64 per share, missing the analyst consensus estimate of $0.67 by 4.48 percent. This represents a 7.25 percent decrease from the same period last year.
October 24, 2023 | 8:32 pm
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NEGATIVE IMPACT
Trustmark's Q3 earnings per share fell short of analyst estimates by 4.48%, and decreased 7.25% compared to the same period last year.
Trustmark's earnings miss could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term. The year-over-year decrease in earnings also indicates a negative trend in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100