Trustmark Corporation (NASDAQ:TRMK) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
Trustmark Corporation Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 4.55% to $0.46 in the quarter versus EPS of $0.44 in the year-earlier quarter.
Revenue: Rose 3.42% to $142.9 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Trustmark Corporation reported adjusted EPS income of $0.46 per share. By that measure, the company beat the mean analyst estimate of $0.45. It missed the average revenue estimate of $143.79 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…