Earnings Outlook For Trinity Capital

Earnings Outlook For Trinity Capital

Trinity Capital TRIN is set to give its latest quarterly earnings report on Thursday, 2022-03-03. Here's what investors need to know before the announcement.

Analysts estimate that Trinity Capital will report an earnings per share (EPS) of $0.41.

Trinity Capital bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.05, which was followed by a 4.86% increase in the share price the next day.

Here's a look at Trinity Capital's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.35 0.32 0.28
EPS Actual 0.40 0.38 0.31 0.29
Price Change % 4.86% 5.1% -0.4% 0.14%

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.35 0.32 0.28
EPS Actual 0.40 0.38 0.31 0.29
Price Change % 4.86% 5.1% -0.4% 0.14%

Stock Performance

Shares of Trinity Capital were trading at $17.89 as of March 01. Over the last 52-week period, shares are up 22.73%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

Posted In: BZI-EPEarnings