Investing.com - Truist Financial (NYSE:TFC) Corp reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Truist Financial Corp announced earnings per share of $1.38 on revenue of $5.59B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $5.59B.
Truist Financial Corp shares are up 15.13% from the beginning of the year, still down 0.30% from its 52 week high of $67.61 set on January 14. They are outperforming the S&P 500 which is down 2.17% from the start of the year.
Truist Financial Corp follows other major Financial sector earnings this month
Truist Financial Corp's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $1.38 on revenue of $20.86B, compared to forecast for EPS of $1.11 on revenue of $18.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar