Truist Financial (NYSE:TFC) reported its Q4 earnings results on Tuesday, January 18, 2022 at 05:45 AM.
Here's what investors need to know about the announcement.
Earnings
Truist Financial beat estimated earnings by 10.4%, reporting an EPS of $1.38 versus an estimate of $1.25, which surprised analysts.
Revenue was up $85.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21, which was followed by a 1.15% increase in the share price the next day.
Here's a look at Truist Financial's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.21 | 1.17 | 1.11 | 0.97 |
| EPS Actual | 1.42 | 1.55 | 1.18 | 1.18 |
| Revenue Estimate | 5.53B | 5.47B | 5.47B | 5.41B |
| Revenue Actual | 5.60B | 5.65B | 5.48B | 5.65B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
