Trustco Bank (NASDAQ:TRST) reported its Q4 earnings results on Monday, January 22, 2024 at 04:02 PM.
Here's what investors need to know about the announcement.
Earnings
Trustco Bank missed estimated earnings by 21.21%, reporting an EPS of $0.52 versus an estimate of $0.66.
Revenue was down $10.88 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.28% drop in the share price the next day.
Here's a look at Trustco Bank's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.76 | 0.85 | 1.02 | 0.99 |
| EPS Actual | 0.77 | 0.86 | 0.93 | 1.10 |
| Revenue Estimate | 47.29M | 49.58M | 53.34M | 52.32M |
| Revenue Actual | 46.80M | 48.65M | 51.63M | 53.96M |
To track all earnings releases for Trustco Bank visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.