$0.13 EPS Expected for Triterras, Inc. (NASDAQ:TRIT) This Quarter

Equities analysts expect Triterras, Inc. (NASDAQ:TRIT) to announce earnings of $0.13 per share for the current quarter, Zacks reports. Zero analysts have provided estimates for Triterras’ earnings. The highest EPS estimate is $0.15 and the lowest is $0.12. The company is expected to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Triterras will report full-year earnings of $0.56 per share for the current financial year, with EPS estimates ranging from $0.50 to $0.60. For the next year, analysts forecast that the business will report earnings of $0.84 per share, with EPS estimates ranging from $0.75 to $0.89. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Triterras.

Separately, Zacks Investment Research upgraded Triterras from a “sell” rating to a “hold” rating in a research report on Wednesday, July 21st.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TRIT. UBS Group AG raised its stake in Triterras by 200.8% in the first quarter. UBS Group AG now owns 4,380 shares of the company’s stock valued at $32,000 after buying an additional 2,924 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of Triterras in the first quarter valued at about $86,000. Credit Suisse AG bought a new stake in shares of Triterras in the second quarter valued at about $100,000. Wade G W & Inc. bought a new stake in shares of Triterras in the second quarter valued at about $103,000. Finally, Bank of America Corp DE bought a new stake in Triterras during the second quarter worth about $141,000. Institutional investors and hedge funds own 8.10% of the company’s stock.

Shares of Triterras stock traded down $0.08 during midday trading on Wednesday, reaching $5.88. The company had a trading volume of 121,076 shares, compared to its average volume of 1,343,738. Triterras has a 1-year low of $4.68 and a 1-year high of $15.45. The stock has a fifty day simple moving average of $5.39 and a 200 day simple moving average of $6.07.

Triterras Company Profile

Triterras, Inc operates as a fintech company. It operates Kratos, a commodity trading and trade finance platforms that connects and enables commodity traders to trade and source capital from lenders directly online. The company is headquartered in Singapore.

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Earnings History and Estimates for Triterras (NASDAQ:TRIT)

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