Investing.com - BB&T (NYSE:BBT) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.05 on revenue of $2.94B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $2.97B. That compared to EPS of $0.83 on revenue of $3.12B in the same period a year earlier. The company had reported EPS of $1.01 on revenue of $3B in the previous quarter.
For the year, BB&T shares are up 9.74%, outperforming the S&P 500 which is up 6.01% year to date.
BB&T follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.9B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.36B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar