Truist Finl Earnings Preview
Portfolio Pulse from Benzinga Insights
Truist Finl (NYSE:TFC) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $1.01. The company's past performance shows a trend of share price drops following earnings reports. The stock is currently trading at $34.51, down 27.1% over the last 52 weeks.
July 19, 2023 | 3:01 pm
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NEGATIVE IMPACT
Truist Finl's upcoming earnings report could impact its stock price, which has seen a downward trend following past earnings reports. The stock is currently down 27.1% over the last 52 weeks.
Truist Finl's stock price has historically dropped following earnings reports. Given that the company's stock is already down 27.1% over the last 52 weeks, the upcoming earnings report could further impact the stock price, especially if the company fails to meet the estimated EPS of $1.01.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100