Reported 12 days ago
Truist Financial Corporation (TFC) reported quarterly earnings of $1.04 per share, surpassing estimates and reflecting a year-over-year increase compared to $0.97 per share. The company's revenue for Q3 reached $5.19 billion, also exceeding expectations. Despite underperforming the market this year, investors are keen to gauge the future earnings outlook, which currently holds a Zacks Rank #3 (Hold), indicating expected market performance in the near term.
Source: YAHOO