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.
