Triumph Financial Earnings: What To Look For From TFIN

Financial services company Triumph Financial (NASDAQ:TFIN) will be announcing earnings results this Wednesday afternoon. Here’s what to expect.

Triumph Financial beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $107.4 million, up 2.2% year on year. It was a strong quarter for the company, with a beat of analysts’ EPS and revenue estimates.

Is Triumph Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Triumph Financial’s revenue to grow 4.4% year on year to $110.8 million, improving from the 1.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.10 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Triumph Financial has missed Wall Street’s revenue estimates six times over the last two years.

With Triumph Financial being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for banks stocks. However, the segment has faced declining investor sentiment as Triumph Financial’s peer group is down 4.3% on average over the last month. Triumph Financial is down 20.2% during the same time and is heading into earnings with an average analyst price target of $58.25 (compared to the current share price of $47.23).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.