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published in Blogs
Jul 18, 2021
First Horizon (FHN, $15.56) beats Q2 earnings expectations

First Horizon (FHN, $15.56) beats Q2 earnings expectations

First Horizon National reported earnings for the second quarter, beating analysts’ expectations.

The bank holding company’s adjusted earnings for the quarter ending June came in at $0.58 per share, compared to Zacks Consensus Estimate of $0.43 per share. The figure is also higher than the year-ago quarter’s $0.20 per share.

Revenues of $782 million exceeded the Zacks Consensus Estimate by 1.36%. This compares to year-ago revenues of $511.61 million. The company has surpassed consensus revenue estimates four times over the last four quarters.

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