BB&T Earnings: What Investors Should Watch

BB&T (NYSE:BBT) will report earnings before markets open on Thursday, July 18th. BB&T Corporation operates banking offices in the Carolinas, Georgia, Virginia, Maryland, West Virginia, Kentucky, Alabama, Indiana, Washington D.C., Florida and Tennessee. The Company and its subsidiaries offer full-service commercial and retail banking, as well as insurance, retail brokerage, corporate finance, international banking, leasing, and trust services.

Here is your Cheat Sheet to BB&T Earnings:

Earnings Expectations: Analysts expect earnings of $0.74 per share on revenues of $2.46 billion. Currently, the company’s P/E ratio stands at 14.54.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.73 to a profit $0.72. For the current year, the average estimate is a profit of $2.91, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how BB&T has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10,404 10,818 11,072 9,998 10,737
Diluted EPS ($) 2.71 1.15 1.16 1.83 2.70

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 2,694.00 2,721.00 2,783.00 2,698.00
Diluted EPS ($) 0.72 0.66 0.71 0.29

Past Performance:
BB&T has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]