Truist Financial: Q3 Earnings Insights

 

Truist FinancialTFC stock rose by 0.68% on Monday after the company reported its Q3 earnings results on Friday, October 15, 2021 at 05:45 AM.

Here's what investors need to know about the announcement.

Earnings

Truist Financial beat their estimated earnings by 17.36%, which surprised analysts.

Revenue was up $26,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.38, which was followed by a 2.63% drop in the share price the next day.

Here's a look at Truist Financial's past performance and the resulting price change:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate 1.21 1.17 1.11 0.97 0.89
EPS Actual 1.42 1.55 1.18 1.18 0.97
Price Change % 1.15% -2.63% 1.08% 0.22% -1.09%

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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