Trustmark (TRMK) Scheduled to Post Quarterly Earnings on Tuesday

Trustmark (NASDAQ:TRMK) will be issuing its quarterly earnings data after the market closes on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.46 per share for the quarter.

Trustmark (NASDAQ:TRMK) last announced its earnings results on Tuesday, October 24th. The financial services provider reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. The firm had revenue of $153.37 million for the quarter, compared to the consensus estimate of $154.40 million. Trustmark had a net margin of 18.56% and a return on equity of 8.21%. During the same period last year, the company posted $0.47 EPS. On average, analysts expect Trustmark to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Trustmark (NASDAQ TRMK) opened at $33.56 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.74 and a current ratio of 0.76. The company has a market cap of $2,273.42, a P/E ratio of 19.18 and a beta of 1.16. Trustmark has a fifty-two week low of $28.16 and a fifty-two week high of $35.09.

A number of analysts have recently issued reports on the stock. BidaskClub upgraded shares of Trustmark from a “sell” rating to a “hold” rating in a report on Friday, December 22nd. Jefferies Group reiterated a “hold” rating and issued a $36.00 price objective on shares of Trustmark in a report on Thursday, October 12th. ValuEngine upgraded shares of Trustmark from a “hold” rating to a “buy” rating in a report on Saturday, September 30th. Zacks Investment Research upgraded shares of Trustmark from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a report on Saturday, January 13th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $38.00 price objective on shares of Trustmark in a report on Tuesday, January 9th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $35.67.

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About Trustmark

Trustmark Corporation is a bank holding company. The Company’s principal subsidiary is Trustmark National Bank (TNB). Through TNB and its subsidiaries, the Company operates as a financial services company providing banking and other financial solutions. It operates through three segments: General Banking, Wealth Management and Insurance.

Earnings History for Trustmark (NASDAQ:TRMK)

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