Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Truist Financial: Q1 Earnings Insights

 

Truist Financial (NYSE:TFC) reported its Q1 earnings results on Tuesday, April 19, 2022 at 05:45 AM.

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

Earnings

Truist Financial beat estimated earnings by 11.82%, reporting an EPS of $1.23 versus an estimate of $1.1.

Revenue was down $157.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 3.86% drop in the share price the next day.

Here's a look at Truist Financial's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.25 1.21 1.17 1.11
EPS Actual 1.38 1.42 1.55 1.18
Revenue Estimate 5.58B 5.53B 5.47B 5.47B
Revenue Actual 5.57B 5.60B 5.65B 5.48B

To track all earnings releases for Truist Financial visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.