SunTrust Banks Earnings Miss, Revenue Beats In Q2

18 Jul 2019

SunTrust Banks Earnings Miss, Revenue Beats In Q2

SunTrust Banks (NYSE:STI) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.44 on revenue of $2.58B. Analysts polled by expected EPS of $1.45 on revenue of $2.39B. That compared to EPS of $1.49 on revenue of $2.32B in the same period a year earlier. The company had reported EPS of $1.24 on revenue of $2.33B in the previous quarter.

SunTrust Banks follows other major Financial sector earnings this month

On Tuesday, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.51 on revenue of $28.84B.

Bank of America earnings beat analysts' expectations on Wednesday, with second quarter EPS of $0.74 on revenue of $23.08B. analysts expected EPS of $0.71 on revenue of $23.12B

Stay up-to-date on all of the upcoming earnings reports by visiting 's earnings calendar

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