BB&T (NYSE:BBT) has beaten estimates for five straight quarters and will go for a sixth when it reports again on Thursday, July 19, 2012.
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Analysts currently expect BB&T to come in with earnings of 69 cents per share on revenues of $2.41 billion. Analyst estimates range from 61 cents per share to 76 cents per share. Over the past three months, the average estimate has moved up from 65 cents.
Last Quarter's Results
In the first quarter, profit rose 91.6% to $431 million (61 cents a share) from $225 million (32 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 9.5% to $2.62 billion from $2.39 billion.
Analysts think investors should stand pat on BB&T with 18 of 28 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
In terms of price changes, the stock's best recent streak was when it gained $2.75 per share between June 4, 2012 and June 22, 2012.
Company Fundamental Trends
Reporting Period: 2Q
Date of Release: Thursday, July 19, 2012 before market open
EPS: 69 cents
Revenue Estimate: $2.41 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)