Third Coast Bancshares Earnings Preview
Portfolio Pulse from Benzinga Insights
Third Coast Bancshares (NASDAQ:TCBX) is set to release its quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $0.49. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. However, the stock has seen a 5.38% decrease over the last 52-week period.
October 24, 2023 | 9:00 pm
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Third Coast Bancshares is expected to report an EPS of $0.49 for Q3 2023. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price. However, the stock has been on a downward trend over the past year.
The company's past performance of beating EPS estimates could potentially lead to a short-term increase in share price following the earnings release. However, the overall downward trend of the stock over the past year may offset any potential gains.
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