Analysts Estimate Truist Financial Corporation (TFC) to Report a Decline in Earnings: What to Look Out for

Earnings Expectations for Truist Financial - Truist Financial is expected to report quarterly earnings of $0.78 per share, reflecting a year-over-year decline of 17.9$4.86 billion, down 17.8% from the same quarter last year [18] - The Most Accurate Estimate for Truist Financial is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.72%, indicating a bearish outlook from analysts [6] Estimate Revisions and Predictions - The consensus EPS estimate has been revised 1.64% higher over the last 30 days, suggesting a reassessment by covering analysts [3] - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] - Truist Financial currently holds a Zacks Rank of 3, making it difficult to predict a definitive earnings beat [22][28] Earnings Surprise History - Over the last four quarters, Truist Financial has beaten consensus EPS estimates two times [24] - The company's previous quarter saw an earnings surprise of +15.38%, with actual earnings of $0.90 per share against an expectation of$0.78 [13] Comparison with BankUnited - BankUnited is expected to report earnings of $0.65 per share for the same quarter, indicating a year-over-year change of -16.7$243.8 million, up 1.9% from the previous year [27] - BankUnited has an Earnings ESP of 0.00% and a Zacks Rank of 3, making it similarly challenging to predict an earnings beat [15][28]