Why Truist Financial (TFC) is Poised to Beat Earnings Estimates Again

Core Insights - Truist Financial Corporation (TFC) has a strong track record of beating earnings estimates, particularly in the last two quarters with an average surprise of 6.79% [1][5] - The most recent earnings report showed earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of$0.87 per share by 4.60% [2] - The previous quarter also saw a positive surprise, with actual earnings of $0.97 per share against an expected$0.89 per share, resulting in an 8.99% surprise [2] Earnings Estimates - There has been a favorable change in earnings estimates for Truist Financial, with a positive Earnings ESP (Expected Surprise Prediction) indicating potential for continued earnings beats [5][8] - The current Earnings ESP for Truist Financial is +0.15%, suggesting analysts are optimistic about the company's near-term earnings potential [8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Earnings Release Information - The next earnings report for Truist Financial is anticipated to be released on April 17, 2025 [8]