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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100