Investing.com - Truist Financial Corp reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Truist Financial Corp announced earnings per share of $0.82 on revenue of $5.87B. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $5.48B.
Truist Financial Corp shares are down 34.43% from the beginning of the year and are trading at $36.93 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.13% 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 Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.
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