Strength Seen in TriCo (TCBK): Can Its 12.0% Jump Turn into More Strength?

TriCo (TCBK) surged on higher-than-average trading volume, but the recent trend in earnings estimate revisions may not provide enough support for continued upside in the near term. Overall, momentum looks less likely to persist without improving forward earnings expectations.

Analysis

TriCo (TCBK) surged on higher-than-average trading volume, but the recent trend in earnings estimate revisions may not provide enough support for continued upside in the near term. Overall, momentum looks less likely to persist without improving forward earnings expectations.