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What to Expect When SunTrust Banks (STI) Reports Earnings

NEW YORK (TheStreet) -- Shares of SunTrust Banks (STI - Get Report) were gaining 1.7% to $39.17 on Thursday, ahead of the bank's third quarter earnings report, which is due before the market opens on Friday.

Analysts expect SunTrust Banks to report earnings of 84 cents a share and revenue of $2.04 billion for the quarter.

SunTrust Banks reported earnings of 86 cents a share for the second quarter, above analysts' estimates of 81 cents a share for the quarter. The company reported revenue of $2.08 billion for the second quarter, above analysts' estimates of $2.02 billion.

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The bank reported earnings of $1.06 a share for the third quarter of 2014, above analysts' estimates of 81 cents a share for the quarter. SunTrust Banks saw revenue of $2.03 billion in the year-ago quarter, compared to analysts' estimates of $2.07 billion.

TheStreet Ratings team rates SUNTRUST BANKS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

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