Trinity Capital: Q3 Earnings Snapshot

PHOENIX (AP) — PHOENIX (AP) — Trinity Capital Inc. (TRIN) on Wednesday reported third-quarter profit of $16.8 million.

On a per-share basis, the Phoenix-based company said it had profit of 40 cents. Earnings, adjusted for investment costs, were 55 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 55 cents per share.

The business development company posted revenue of $46.4 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $44.4 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRIN at https://www.zacks.com/ap/TRIN