Don't miss out on the highly anticipated third quarter financial results of Third Coast Bancshares (NASDAQ: TCBX) set to be unveiled on Wednesday 23rd October 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance after market close.
The latest projections from financial analysts on Wall Street suggest that the organization is likely to reveal an estimated $0.54 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $41.67 million for the period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.32. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $37.13 million during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $165.56 million. Additionally, they expect the company to reach profit of $2.34 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.63 | +18.9% | 41.75 M | +14.8% |
| Q1 2024 | $0.61 | +10.9% | 40.42 M | +16.4% |
| Q4 2023 | $0.57 | +29.5% | 39.49 M | +16.5% |
| Q3 2023 | $0.32 | -34.7% | 37.13 M | +9.6% |
| Q2 2023 | $0.53 | +231.3% | 36.38 M | +25.4% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
Monday's trading saw Third Coast Bancshares (TCBX) shares hit a low of $27.25 and a high of $28.00, with a day volume of 20.60 thousand shares. The stock closed the regular trading session at $27.35, marking 2.11 percent downfall.
