Trinity Cap Q3 EPS $0.52, Inline, Sales $61.77M Beat $55.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Trinity Cap (NASDAQ:TRIN) reported Q3 earnings per share of $0.52, meeting analyst expectations, but down 5.45% from last year. Sales were $61.77M, beating estimates by 11.23% and up 33.01% from last year.
October 30, 2024 | 12:10 pm
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Trinity Cap's Q3 earnings per share met expectations, but sales significantly exceeded estimates, showing strong revenue growth.
While EPS met expectations, the significant beat in sales and strong year-over-year growth indicate positive business momentum, likely boosting investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100