Looking Ahead to Earnings for BB&T Corporation (NYSE:BBT)

BB&T Corp

Looking Ahead to Earnings for BB&T Corporation (NYSE:BBT)

The company announced its last quarter financial performance results on 10/19/2016. Company shares were Reiterated by Barclays on Jan 3, 2017 to "Equal Weight", Firm has raised the Price Target to $ 51 from a previous price target of $40. Shares registered one year high at $47.85 and the one year low of $29.25.

Earnings per share (ttm) for BB&T Corporation (NYSE:BBT) according to Finviz Data is $2.69.

In BB&T Corporation (NYSE:BBT)'s latest quarter, EPS moved to $0.73 from $0.66 in preceding quarter and revenues reached at $2,814.00M compared to $2,787.00M. This was higher than $502 million, or $0.64 per share, in last year's fourth quarter. Having a look at the historical EPS report, the company attained $2.59 EPS for the previous year. The rating firm issued a Neutral rating to this company in a research note released on Jan 11, 2017. The median estimate represents a 6.45% increase from the last price. The shares were sold at an average price of $38.09, for a total value of $1,687,120.37. The company posted a negative surprise factor of -1.45% by -0.01. However it has meet the estimates 2 times and missed 5 times.

BB&T Corporation (NYSE:BBT) went up 1.40% during trading on 01/18/2017, with the company's shares hitting the price near $46.20. And a quick view of analyst notes show that 7 are rating the stock a buy while 5 rate BBT a strong buy.

This company has been competing with others in the Financial space and offers its own combination of interesting factors BB&T Corporation (BBT) now trades with a market capitalization of $37.34B. In comparison, the consensus recommendation 60 days ago was at 2.48, and 90 days ago was at 2.17 respectively. A month ago, analyst EPS consensus estimated earnings of US$0.73 per share.

-Revenue (Q4): $2.73 Bln vs. $2.52 Bln past year.

12/22/2016 - BB&T Corporation had its " rating reiterated by analysts at FIG Partners. BB&T conducts its operations in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Kentucky and the metropolitan Washington, D.C. area. The stock's closing price was $36.02 with the gain of 0.42% in its share price on the day following the earning announcement. LLC now owns 4,100 shares of the company's stock valued at $146,000 after buying an additional 498 shares in the last quarter.

10/11/2016 - BB&T Corporation was downgraded to " by analysts at FBR Capital Markets. BBT fell -2.5%, plunged -2.61% and advanced 26.16% in the week, one month and six months, respectively. The Company Touched its 52-Week High on Dec 21, 2016 and 52-Week Low on Feb 11, 2016.

The growth estimate for Xerox Corporation (NYSE:XRX) for the current quarter is -21.9 percent. Hedge funds and other institutional investors own 62.99% of the company's stock. However a year ago for the same quarter the company has reported $0.64 earnings per share.

This company was Upgrade by Morgan Stanley on 12-Jan-17 to Overweight. These analysts have also projected a Low Estimate of $0.7/share and a High Estimate of $0.76/share.

Shares of Calpine Corporation (NYSE:CPN) declined -1.69% to $12.20. Analysts rating the company a 3 indicate a Hold recommendation.

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