WASHINGTON (dpa-AFX) - BB&T Corporation (BBT) released earnings for its first quarter that rose from last year.
The company's earnings totaled $745 million, or $0.94 per share. This compares with $378 million, or $0.46 per share, in last year's first quarter.
Excluding items, BB&T Corporation reported adjusted earnings of $767 million or $0.97 per share for the period.
Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.1% to $2.81 billion from $2.78 billion last year.
BB&T Corporation earnings at a glance:
-Earnings (Q1): $767 Mln. vs. . last year. -Analysts Estimate: $0.92 -Revenue (Q1): $2.81 Bln vs. $2.78 Bln last year.
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