Third Coast Bancshares Q3 EPS $0.74 Beats $0.54 Estimate, Sales $42.90M Beat $41.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Third Coast Bancshares reported Q3 earnings of $0.74 per share, surpassing the $0.54 estimate, and sales of $42.90M, exceeding the $41.67M estimate. This marks a significant year-over-year growth in both earnings and sales.
October 23, 2024 | 8:35 pm
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Third Coast Bancshares reported strong Q3 results with EPS of $0.74 beating estimates by 37% and sales of $42.90M exceeding expectations. This reflects significant growth compared to last year.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year growth in both metrics suggests positive momentum, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100