SunTrust Reports Third Quarter 2015 Results
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Compass Point Reiterates Buy on SunTrust Banks (STI) Following 3Q15 Earnings Report
October 16, 2015 9:26 AM EDTCompass Point reiterated a Buy rating and $51.00 price target on SunTrust Banks (NYSE: STI) following the company's 3Q15 earnings results. STI beat estimates by a wide margin even after adjusting for one-time items despite weaker fee income.
Analyst Jesus Bueno commented,... More
SunTrust Banks (STI) Tops Q3 EPS by 5c
October 16, 2015 6:10 AM EDTSunTrust Banks (NYSE: STI) reported Q3 EPS of $0.89, $0.05 better than the analyst estimate of $0.84. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.04 billion.
The current quarter was favorably impacted by $0.07 per share in discrete tax benefits and $0.04... More
