SunTrust Banks. Earnings Preview For Quarterly Earnings Release Date (NYSE:STI)
SunTrust Banks, Inc. (NYSE:STI) is scheduled to release last fiscal quarter's results before the opening bell on January 20, 2012.
SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, which provides various financial services to consumer and corporate customers in the United States. The company was founded in 1891 and is headquartered in Atlanta, Georgia. STI trades an average of 7.9 million shares per day.
52 Week High: $33.14
52 Week Low: $15.79
Book Value: $37.62
Float Short: 2.04%
On average, 27 analysts are expecting a drop of $-0.12 in earnings per share compared to last quarter's results of $0.39. A beat of $0.27 per share , will top the estimated mean earnings. Analyst estimates range between $0.16 and $0.37 per share.
The P/E ratio has dropped, as the current trailing twelve months P/E ratio is 17.8, while the forward P/E ratio is now 11.35. It will be interesting to see if pricing is currently at a discount, or if the market has been correct to price in lower growth expectations.
The bottom line has rising earnings year-over-year of $189.00 million for 2010 vs. $-1.56 billion for 2009.
Gross reported revenue compared to the mean estimate (rounded).
| Fiscal Quarter Ending Month-Year | Revenue Estimates | Actual | $ Difference | Difference % |
| Sep-11 | $ 2.12 B | $ 2.19 B | $ 70.25 M | 3.31% |
| Jun-11 | $ 2.15 B | $ 2.17 B | $ 19.63 M | 0.91% |
| Mar-11 | $ 2.08 B | $ 2.10 B | $ 19.08 M | 0.92% |
| Dec-10 | $ 2.19 B | $ 2.33 B | $ 140.06 M | 6.41% |
| Sep-10 | $ 2.11 B | $ 2.31 B | $ 201.17 M | 9.53% |
M = millions, B = billions
Differences are rounded. (Some onetime items are often excluded in reported EPS) 
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for STI 
The number of days to cover short interest based on average daily trading volume for STI. 
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