Trinity Capital: Q4 Earnings Snapshot

PHOENIX (AP) — PHOENIX (AP) — Trinity Capital Inc. (TRIN) on Wednesday reported fourth-quarter net income of $17.7 million.

On a per-share basis, the Phoenix-based company said it had net income of 39 cents. Earnings, adjusted for investment costs, were 54 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.

The business development company posted revenue of $47.8 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $46.8 million.

For the year, the company reported profit of $76.9 million, or $1.89 per share. Revenue was reported as $181.9 million.

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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