Investing.com - Trinity Capital reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Trinity Capital announced earnings per share of $0.56 on revenue of $37.15M. Analysts polled by Investing.com anticipated EPS of $0.51 on revenue of $35.03M.
Trinity Capital shares are down 12% from the beginning of the year , still down 42.56% from its 52 week high of $19.69 set on Tuesday, March 29, 2022.
Trinity Capital follows other major Financial sector earnings this month
Trinity Capital's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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