Earnings Scheduled For October 18, 2022
Companies Reporting Before The Bell
• Commerce Bancshares (NASDAQ:CBSH) is projected to report quarterly earnings at $1.03 per share on revenue of $383.31 million.
Truist Financial’s Earnings Outlook
Truist Financial (NYSE:TFC) is set to give its latest quarterly earnings report on Tuesday, 2022-10-18. Here's what investors need to know before the announcement.
Analysts estimate that Truist Financial will report an earnings per share (EPS) of $1.24.
Stocks That Hit 52-Week Lows On Wednesday
During Wednesday's trading, 517 companies set new 52-week lows.
Netflix To Rally Around 24%? Here Are 5 Other Price Target Changes For Wednesday
Atlantic Equities raised Netflix, Inc. (NASDAQ: NFLX) price target from $211 to $283. Atlantic Equities analyst Hamilton Faber also upgraded the stock from Neutral to Overweight. Netflix shares rose 1.7% to $228.25 in pre-market trading.
Piper Sandler Upgrades Truist Financial to Overweight, Raises Price Target to $55
Piper Sandler analyst Stephen Scouten upgrades Truist Financial (NYSE:TFC) from Neutral to Overweight and raises the price target from $52 to $55.
Analyst Ratings for Truist Financial
Truist Financial (NYSE:TFC) has observed the following analyst ratings within the last quarter:
Looking Into Truist Financial’s Recent Short Interest
Truist Financial's (NYSE:TFC) short percent of float has fallen 14.95% since its last report. The company recently reported that it has 12.12 million shares sold short, which is 0.91% of all regular shares that are available for trading.
Bank Of America (BAC) Misses Q2 Earnings And Revenue Estimates
Bank of America (NYSE: BAC) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.