Trustmark Earnings Preview

Trustmark (Nasdaq: TRMK  ) only managed to meet estimates last quarter, but investors hope that it will surpass expectations this quarter. The company will unveil its latest earnings on Tuesday, July 26. Trustmark is a bank holding company which through its subsidiaries operates as a financial services organization providing banking and financial solutions.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on Trustmark with six of 10 analysts rating it hold. Analysts like Trustmark better than competitor BancorpSouth overall. Zero out of 12 analysts rate BancorpSouth a buy compared to four of 10 for Trustmark. Trustmark's rating hasn't changed over the past three months.
  • Revenue Forecasts: On average, analysts predict $130.3 million in revenue this quarter. That would represent a decline of 4.8% from the year-ago quarter.
  • Wall Street Earnings Expectations: The average analyst estimate is earnings of $0.39 per share. Estimates range from $0.38 to $0.42.

What our community says:
CAPS All Stars are solidly backing the stock, with 76.5% assigning it an "outperform" rating. The majority of Fools are in agreement with the All Stars, for 70.7% give it an "outperform" rating. Fools have embraced Trustmark, though the message boards have been quiet lately with only nine posts in the past 30 days. Trustmark's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.

Management:
Trustmark's profit has risen year over year by an average of 16.1%. Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters:

Quarter

Q1

Q4

Q3

Q2

Net Margin

17.9%

18.0%

17.8%

17.7%

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