On Thursday 17th October 2024, investors and market participants can expect the release of Truist Finl (NYSE: TFC) third quarter financial results. This crucial announcement will be made before market open.
Financial analysts on Wall Street are anticipating that the establishment will announce an estimated $0.91 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $5.09 billion for this period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.84. This was credited to the company's total revenue, which reached an impressive $5729 million in that particular timeframe.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $20.16 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $3.64 per share during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.91 | -4.2% | 5.02 B | -15.2% |
| Q1 2024 | $0.90 | -17.4% | 4.87 B | -20.2% |
| Q4 2023 | $0.81 | -37.7% | 5.76 B | -7.3% |
| Q3 2023 | $0.84 | -32.3% | 5.73 B | -2.0% |
| Q2 2023 | $0.95 | -20.8% | 5.92 B | +4.7% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 17th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
Truist Finl (TFC) closed Wednesday's regular trading session at $44.53, showing a 1.41 percent increase. The stock fluctuated between $44.10 and $44.93 during the day, with a volume of 10.39 million shares.
