Investing.com - Truist Financial Corp reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Truist Financial Corp announced earnings per share of $0.97 on revenue of $5.6B. Analysts polled by Investing.com anticipated EPS of $0.79 on revenue of $5.39B.
Truist Financial Corp shares are down 25.02% from the beginning of the year and are trading at $42.23 , down-from-52-week-high.They are under-performing the S&P 500 which is up 7.98% from the start of the year.
Truist Financial Corp follows other major Financial sector earnings this month
Truist Financial Corp's report follows an earnings beat by UnitedHealth on Wednesday, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.09 on revenue of $63.77B.
JPMorgan had beat expectations on Tuesday with third quarter EPS of $2.92 on revenue of $29.94B, compared to forecast for EPS of $2.23 on revenue of $28.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar