A Preview Of TriState Capital Holdings's Earnings

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On Wednesday, January 27, TriState Capital Holdings TSC will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

TriState Capital Holdings EPS is expected to be around $0.26, according to sell-side analysts. Sales will likely be near $48.37 million. TriState Capital Holdings reported a per-share profit of $0.47 when it published results during the same quarter last year. Sales in that period totaled $46.56 million.

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What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 44.68% decrease in the company's earnings. Sales would be up 3.89% from the same quarter last year. TriState Capital Holdings's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.21 0.21 0.27 0.44
EPS Actual 0.26 0.30 0.38 0.47
Revenue Estimate 46.81 M 48.26 M 45.68 M 45.83 M
Revenue Actual 50.36 M 46.48 M 48.24 M 46.56 M

Stock Performance

Shares of TriState Capital Holdings were trading at $19.27 as of January 25. Over the last 52-week period, shares are down 18.33%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. TriState Capital Holdings is scheduled to hold the call at 08:30:00 ET and can be accessed here.

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