Earnings Preview For Truist Finl
Portfolio Pulse from Benzinga Insights
Truist Finl (NYSE:TFC) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an earnings per share (EPS) of $0.82. The company's past performance shows a pattern of EPS misses and subsequent share price drops. The stock is currently trading at $29.82, down 27.13% over the last 52-week period.
October 18, 2023 | 2:00 pm
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NEGATIVE IMPACT
Truist Finl's upcoming earnings report could impact its stock price. Past performance shows a pattern of EPS misses and subsequent share price drops. The stock is currently down 27.13% over the last 52-week period.
Truist Finl's stock price has been negatively impacted by past earnings misses. Given the analysts' EPS estimate of $0.82 for the upcoming report, another miss could lead to further decline in the stock price. The stock's poor performance over the last 52 weeks also adds to the negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100