BB&T Corporation Earnings Rise 22% In Q3
WASHINGTON (dpa-AFX) - BB&T Corporation (BBT) announced a profit for its third quarter that rose from last year.
The company said its bottom line climbed to $599 million, or $0.73 per share. This was up from $492 million, or $0.64 per share, in last year's third quarter.
Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 13.1% to $2.77 billion. This was up from $2.45 billion last year.
BB&T Corporation earnings at a glance:
-Earnings (Q3): $599 Mln. vs. $492 Mln. last year. -Earnings Growth (Y-o-Y): 21.7% -EPS (Q3): $0.73 vs. $0.64 last year. -EPS Growth (Y-o-Y): 14.1% -Analysts Estimate: $0.71 -Revenue (Q3): $2.77 Bln vs. $2.45 Bln last year. -Revenue Change (Y-o-Y): 13.1%
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