Third Coast Bancshares Q1 2024 GAAP EPS $0.61 Beats $0.49 Estimate
Portfolio Pulse from Benzinga Newsdesk
Third Coast Bancshares (NASDAQ:TCBX) reported Q1 2024 earnings of $0.61 per share, surpassing the consensus estimate of $0.49 by 24.49%.
April 24, 2024 | 8:56 pm
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Third Coast Bancshares reported a significant earnings beat for Q1 2024, with EPS of $0.61 against estimates of $0.49.
Earnings beats typically lead to positive investor sentiment and can cause a short-term increase in stock price due to better-than-expected financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100