Companies Reporting Before The Bell
• Truist Financial (NYSE:TFC) is projected to report quarterly earnings at $1.21 per share on revenue of $5.53 billion.
Big bank earnings season kicks off next week, and one Wall Street analyst took the opportunity on Friday to raise his price targets for some big bank stocks ahead of next week’s headlines.
The Analyst: Among his price target changes, Bank of America analyst Ebrahim Poonawala made the following adjustments to his bank stock coverage:
Wolfe Research analyst Bill Carcache downgrades Truist Financial (NYSE:TFC) from Outperform to Underperform and lowers the price target from $71 to $64.
Truist Financial (NYSE:TFC) reported quarterly earnings of $1.55 per share which beat the analyst consensus estimate of $1.17 by 32.48 percent. This is a 89.02 percent increase over earnings of $0.82 per share from the
Companies Reporting Before The Bell
• Truist Financial (NYSE:TFC) is estimated to report quarterly earnings at $1.17 per share on revenue of $5.47 billion.