BB&T Corporation Reveals Increase In Q2 Earnings

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BB&T Corporation Reveals Increase In Q2 Earnings

(RTTNews.com) - BB&T Corporation ( BBT ) reported a profit for its second quarter that climbed from last year.

The company's bottom line came in at $775 million, or $0.99 per share. This compares with $631 million, or $0.77 per share, in last year's second quarter.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to $2.88 billion from $2.86 billion last year.

BB&T Corporation earnings at a glance:

-Earnings (Q2): $775 Mln. vs. $631 Mln. last year.
-EPS (Q2): $0.99 vs. $0.77 last year.
-Analysts Estimate: $1.01
-Revenue (Q2): $2.88 Bln vs. $2.86 Bln last year.

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Referenced Symbols: BBT ,

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