Trustmark: Here’s What Investors Need to Know Before Earnings
Trustmark (NASDAQ:TRMK) will report earnings after markets close on Tuesday, July 23rd. Trustmark Corporation is the holding company for Trustmark National Bank. The Bank offers a variety of banking, investment, and insurance solutions to corporate, institutional, and individual customers in Mississippi and Tennessee.
Here is your Cheat Sheet to Trustmark Earnings:
Earnings Expectations: Analysts expect earnings of $0.45 per share on revenues of $143.79 million. Currently, the company’s P/E ratio stands at 15.45.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.45 and has not changed. For the current year, the average estimate is a profit of $1.82, which is better than the estimate ninety days ago.
Here’s how Trustmark has been performing on an annual basis:
|Revenue ($) in millions||661||610||574||552||547|
|Diluted EPS ($)||1.59||1.26||1.57||1.66||1.81|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||141.59||140.99||135.34||143.45|
|Diluted EPS ($)||0.45||0.46||0.43||0.38|
Trustmark has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)