Any idea how Truist earnings call will go tomorrow?
8 replies (most recent on top)
- 6% drop in the stock today foretells what expectations for tomorrow earnings release is bringing.
More Mike Lamo chest thumping
Future merger partner USB beat estimates of analysts. You think these layoffs are something wait a couple of years until these two banks have an MOE.
probably another earnings forecast down grade.
The forecast for Thursday is intermittent purple showers of Hope and Dreams, a deluge of Truist Cares, ending with a heavy snow job of “we laid everybody off and sold insurance so it is too early to judge us yet”.
More word salad about the future purpose and how the new BOD and streamlined management group will increase our ability to make quick decisions. Oh and we must not care for our customers and communities. We’ve made some hard decisions to secure our future blah blah blah.
https://www.zacks.com/amp/stock/news/2166670/lower-nii-fee-income-to-hurt-truists-tfc-q3-earnings
It’s Thursday - and I’d expect regurgitation of the Barclays conference and not much else