Analysts expect the Purchase, New York-based company to report quarterly earnings of $1.00 per share, up from 89 cents per share in the year-ago period. The consensus estimate for Truist Financial’s quarterly revenue is $5.18 billion. It reported $4.95 billion last year, according to Benzinga Pro.
Ahead of quarterly earnings, JP Morgan analyst Vivek Juneja, on April 7, maintained Truist Financial with a Neutral rating and lowered the price target from $57 to $51.5.
With the recent buzz around Truist Financial, some investors may be eyeing potential gains from the company’s dividends too. As of now, Truist Financial has an annual dividend yield of 4.19%, with a quarterly dividend amount of 52 cents per share ($2.08 a year).
So, …
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