SunTrust Banks Earnings inline, Revenue Beats In Q3

Investing.com – SunTrust Banks (NYSE:) reported third quarter that matched analysts’ expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.4 on revenue of $2.35B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $2.34B. That compared to EPS of $1.56 on revenue of $2.29B in the same period a year earlier. The company had reported EPS of $1.48 on revenue of $2.56B in the previous quarter.

SunTrust Banks follows other major Financial sector earnings this month

On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.

Bank of America earnings beat analysts’ expectations on Wednesday, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.55 on revenue of $22.59B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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