Third Coast Bancshares Q2 2024 GAAP EPS $0.63 Beats $0.56 Estimate, Sales $41.746M Beat $41.135M Estimate
Portfolio Pulse from Benzinga Newsdesk
Third Coast Bancshares (NASDAQ:TCBX) reported Q2 2024 earnings per share (EPS) of $0.63, surpassing the analyst estimate of $0.56 by 12.5%. The company's sales were $41.746 million, beating the $41.135 million estimate. Both EPS and sales showed significant year-over-year growth.
July 24, 2024 | 8:54 pm
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Third Coast Bancshares reported strong Q2 2024 results, with EPS of $0.63 beating estimates by 12.5% and sales of $41.746 million exceeding expectations. Both metrics showed significant year-over-year growth.
The company's strong performance in both EPS and sales, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100