Recap: Trustmark Q4 Earnings
Portfolio Pulse from Benzinga Insights
Trustmark (NASDAQ:TRMK) reported Q4 earnings with an EPS of $0.61, beating estimates by 7.02% but with a revenue decline of $5.35 million year-over-year. The previous quarter's EPS miss was followed by a 5.7% share price drop.
January 23, 2024 | 9:50 pm
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Trustmark reported a positive earnings surprise with a 7.02% beat on EPS but experienced a revenue decline from the previous year.
While the EPS beat is positive, the decline in revenue could concern investors. The stock's previous reaction to an earnings miss suggests sensitivity to earnings reports, but the impact of the EPS beat may be tempered by the revenue decline.
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IMPORTANCE 75
RELEVANCE 100