Truist Finl Q2 2024 Adj EPS $0.91 Beats $0.82 Estimate, Sales $5.018B Beat $4.805B Estimate
Portfolio Pulse from Benzinga Newsdesk
Truist Financial (NYSE:TFC) reported Q2 2024 adjusted EPS of $0.91, beating the $0.82 estimate. Sales were $5.018 billion, surpassing the $4.805 billion estimate. Despite beating estimates, both EPS and sales were down compared to the same period last year.
July 22, 2024 | 10:06 am
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Truist Financial reported Q2 2024 adjusted EPS of $0.91, beating the $0.82 estimate. Sales were $5.018 billion, surpassing the $4.805 billion estimate. Despite beating estimates, both EPS and sales were down compared to the same period last year.
Truist Financial's Q2 2024 earnings and sales both beat analyst estimates, which is a positive indicator for the stock in the short term. However, the year-over-year decline in both EPS and sales may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100