Investing.com - Truist Financial Corp reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Truist Financial Corp announced earnings per share of $1.24 on revenue of $5.85. Analysts polled by Investing.com anticipated EPS of $1.20 on revenue of $5.94B.
Truist Financial Corp shares are down 24.12% from the beginning of the year and are trading at $44.43 , down-from-52-week-high.
Truist Financial Corp follows other major Financial sector earnings this month
Truist Financial Corp's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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