Regions Financial Corporation (NYSE: RF) has announced that it will be unveiling its third quarter financial results on Friday 18th October 2024. The disclosure is planned to occur before market open.
According to the forecasts of financial experts on Wall Street, the concern is expected to reveal an anticipated $0.53 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $1.8 billion.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $7.15 billion. Furthermore, they expect the business to achieve profit of $1.96 per share during the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.49. This notable figure was achieved due to the company's impressive total revenue of $1.86 billion recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.53 | -10.2% | 1.78 B | -9.0% |
| Q1 2024 | $0.44 | -29.0% | 1.80 B | -7.9% |
| Q4 2023 | $0.52 | -22.4% | 1.81 B | -7.1% |
| Q3 2023 | $0.49 | -12.5% | 1.86 B | -0.5% |
| Q2 2023 | $0.59 | 0% | 1.96 B | +12.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 18th October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
Throughout the trading day, Regions Financial Corporation (RF) shares fluctuated between $23.86 and $24.30, with a trading volume of 7.57 million shares. The stock ended the regular trading session at $23.98, indicating a rise of 0.93 percent.
