On Wednesday 16th October 2024, First Horizon (NYSE: FHN) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
It is anticipated by financial experts on Wall Street that the establishment is set to announce an estimated $0.38 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $822.81 million for this period.
During the same quarter of the previous year, the company made public its income of $0.27 per share, which were derived from a quarterly revenue of $778 million.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $3.28 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.46 per share during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.36 | -7.7% | 815.00 M | -21.0% |
| Q1 2024 | $0.35 | -22.2% | 819.00 M | -4.7% |
| Q4 2023 | $0.32 | -37.3% | 800.00 M | -9.3% |
| Q3 2023 | $0.27 | -38.6% | 778.00 M | -11.1% |
| Q2 2023 | $0.39 | +14.7% | 1.03 B | +38.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 16th October 2024 at 09:30 AM eastern time, in a conference call with public.
First Horizon (FHN) closed Monday's regular trading session at $16.45, reflecting a 0.43 percent upturn. The stock fluctuated between $16.19 and $16.52 during the day, with a volume of 4.74 million shares.
