Texas Capital (TCBI) This fall Earnings Lag Estimates

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Texas Capital (TCBI) This fall Earnings Lag Estimates

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Texas Capital (TCBI) got here out with quarterly earnings of $1.44 per share, lacking the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.38 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -7.10%. 1 / 4 in the past, it was anticipated that this holding firm for Texas Capital Financial institution would publish earnings of $1.49 per share when it truly produced earnings of $1.70, delivering a shock of 14.09%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.

Texas Capital, which belongs to the Zacks Banks – Southwest trade, posted revenues of $266.15 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 2.48%. This compares to year-ago revenues of $255.95 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.

The…



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