Preview: Triumph Financial's Earnings
Triumph Financial TFIN is gearing up to announce its quarterly earnings on Wednesday, 2024-10-16. Here’s a quick overview of what investors should know before the release.
Analysts are estimating that Triumph Financial will report an earnings per share (EPS) of $0.21.
Triumph Financial bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
Last quarter the company missed EPS by $0.14, which was followed by a 12.04% drop in the share price the next day.
Here’s a look at Triumph Financial’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.22 | 0.34 | 0.40 | 0.37 |
EPS Actual | 0.08 | 0.14 | 0.37 | 0.51 |
Price Change % | -12.0% | -8.0% | -4.0% | 6.0% |
Stock Performance
Shares of Triumph Financial were trading at $78.9 as of October 14. Over the last 52-week period, shares are up 36.1%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Triumph Financial visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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