Earnings Outlook For Trustmark
Trustmark TRMK will release its quarterly earnings report on Tuesday, 2024-10-22. Here’s a brief overview for investors ahead of the announcement.
Analysts anticipate Trustmark to report an earnings per share (EPS) of $0.82.
The announcement from Trustmark is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It’s worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.04, which was followed by a 2.44% drop in the share price the next day.
Here’s a look at Trustmark’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.62 | 0.61 | 0.57 | 0.67 |
EPS Actual | 0.66 | 0.68 | 0.61 | 0.64 |
Price Change % | -2.0% | 7.000000000000001% | -1.0% | -6.0% |
Market Performance of Trustmark’s Stock
Shares of Trustmark were trading at $34.68 as of October 18. Over the last 52-week period, shares are up 66.26%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Trustmark 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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