Brace yourselves for the unveiling of Texas Capital Bancshares's (NASDAQ: TCBI) third quarter financial results on Thursday 17th October 2024. This eagerly awaited announcement will take place before market open.
Wall Street financial experts forecast that the company is set to announce an expected $0.95 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $254.31 million for this particular period.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.05 billion. Moreover, they anticipate the company to disclose profit of $3.41 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.18. This notable figure was achieved due to the company's impressive total revenue of $278.94 million recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.80 | -39.8% | 267.01 M | -4.0% |
| Q1 2024 | $0.62 | -11.4% | 256.33 M | -6.0% |
| Q4 2023 | $0.65 | -25.3% | 245.85 M | -53.2% |
| Q3 2023 | $1.18 | +59.5% | 278.94 M | +5.5% |
| Q2 2023 | $1.33 | +125.4% | 278.00 M | +19.9% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 17th October 2024 at 09:00 AM eastern time, in a conference call with public.
Texas Capital Bancshares (TCBI) closed Wednesday's regular trading session at $78.46, marking a 1.15 percent rise. During the day, TCBI shares traded between $78.12 and $79.33, with a day volume of 602.90 thousand shares.
