Earnings Preview : Trinity Capital ($TRIN) Will Be Unveiling Q3 2024 Earnings On 30th October 2024

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The third quarter financial results of Trinity Capital (NASDAQ: TRIN) will be unveiled on Wednesday 30th October 2024. This eagerly awaited announcement is scheduled to occur before market open.

As per the projections made by financial experts on Wall Street, the establishment is expected to announce an estimated $0.52 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $55.53 million.

When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $0.55. This was attributed to the company's total revenue, which amounted to an impressive $46.44 million during that same period.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $217.34 million. Additionally, they expect the company to report per share profit of $2.1 for the fiscal year.

 

The business has scheduled a conference call on 30th October 2024 at 12:00 PM eastern time to discuss Q3 financial results.

The previous trading day saw Trinity Capital (TRIN) shares trading between $13.70 and $13.89, besides a volume of 302.70 thousand shares. The stock closed Monday's regular trading session at $13.88, marking 1.61 percent gain.