TriCo (TCBK) Q1 Earnings Top Estimates

Core Viewpoint - TriCo (TCBK) reported quarterly earnings of $0.80 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, but down from $0.83 per share a year ago, indicating a 2.56% earnings surprise [1][2] Financial Performance - The company posted revenues of $98.62 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.04%, and showing a year-over-year increase from $98.51 million [2] - Over the last four quarters, TriCo has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - TriCo shares have declined approximately 11% since the beginning of the year, compared to a decline of 8.6% for the S&P 500 [3] - The current Zacks Rank for TriCo is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.80 on revenues of $100.95 million, and for the current fiscal year, it is $3.33 on revenues of $408.85 million [7] - The trend of estimate revisions for TriCo is mixed, which could change following the recent earnings report [6] Industry Context - The Zacks Industry Rank for Banks - West is in the bottom 42% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]