A Preview Of Truist Finl's Earnings
Portfolio Pulse from Benzinga Insights
Truist Financial Corporation (NYSE:TFC) is scheduled to release its quarterly earnings report on January 18, 2024. Analysts predict an EPS of $0.89. Investors are looking for an earnings beat and positive guidance for future growth. Truist Financial's past earnings performance shows mixed results with both beats and misses, and varied stock price reactions. The stock is currently trading at $36.18, with a 52-week decrease of 25.11%, indicating a bearish sentiment among long-term shareholders.
January 17, 2024 | 2:00 pm
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NEUTRAL IMPACT
Truist Financial is expected to report an EPS of $0.89 in its upcoming earnings. Historical performance shows mixed reactions to past earnings, with a recent 25.11% annual decline in stock price.
The predicted EPS of $0.89 sets a benchmark for Truist Financial's performance. While past earnings have shown both positive and negative impacts on the stock price, the recent downward trend suggests a bearish outlook. However, the actual impact will depend on whether the earnings beat or miss expectations and the forward guidance provided. The score is neutral due to the uncertainty of market reaction to earnings reports.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100