A Look Ahead: Trustco Bank's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Trustco Bank (NASDAQ:TRST) is set to release its quarterly earnings report on October 21, 2024. Analysts expect an EPS of $0.00. The market is keen on the earnings and future guidance, as past performance has shown significant share price reactions. Last quarter, Trustco Bank exceeded EPS estimates, resulting in a 5.12% share price increase. Currently, shares are trading at $34.49, up 32.47% over the past year.
October 18, 2024 | 6:25 pm
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Trustco Bank is expected to announce its quarterly earnings with an EPS of $0.00. Investors are focused on the potential for positive guidance, as past earnings beats have led to share price increases.
The upcoming earnings report is crucial for Trustco Bank as past performance has shown that exceeding EPS estimates can lead to significant share price increases. The market is particularly interested in the guidance provided, which can influence short-term stock movements.
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