Shares of First Horizon (NYSE: FHN ) have been a strong performer over the past year, gaining over 66% as the company has recovered strongly from the early 2023 regional banking crisis. I last covered First Horizon in Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analyst's Disclosu ...

Shares of First Horizon Corporation (FHN) gained more than 4% following the release of its better-thanexpected third-quarter 2024 results. The company's third-quarter adjusted earnings per share (excluding notable items) of 42 cents surpassed the Zacks Consensus Estimate of 38 cents. Moreover, the figure increased 55.6% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results benefited from a rise in net interest income (NII) and non-interest income. Also, an increas ...

For the quarter ended September 2024, First Horizon National (FHN) reported revenue of $828 million, up 6.4% over the same period last year. EPS came in at $0.42, compared to $0.27 in the year-ago quarter. The reported revenue represents a surprise of +0.78% over the Zacks Consensus Estimate of $821.63 million. With the consensus EPS estimate being $0.38, the EPS surprise was +10.53%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

First Horizon National (FHN) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this bank holding company would post earnings of $0.37 per share when it actually produced earnings of $0.36, delivering a surprise of -2.70%. Over the last four q ...

Wall Street analysts forecast that First Horizon National (FHN) will report quarterly earnings of $0.38 per share in its upcoming release, pointing to a year-over-year increase of 40.7%. It is anticipated that revenues will amount to $821.63 million, exhibiting an increase of 5.6% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reco ...

Group 1 - The article reflects on the passage of time since the last analysis of First Horizon (NYSE: FHN), indicating a year has passed since the last report [1] - Crude Value Insights is highlighted as an investment service focused on the oil and natural gas sector, emphasizing cash flow and the companies that generate it [1] - The service aims to identify value and growth prospects within the oil and gas industry, suggesting a focus on companies with real potential [1] Group 2 - Subscribers to Crude Value Insights gain access to a model account with over 50 stocks, providing in-depth cash flow analyses of exploration and production (E&P) firms [2] - The service includes live chat discussions about the sector, enhancing community engagement and information sharing among subscribers [2] - A promotional offer is available for a two-week free trial, encouraging new users to explore the oil and gas investment opportunities [2]

Core Viewpoint - First Horizon National (FHN) is anticipated to report a year-over-year increase in earnings driven by higher revenues for the quarter ended September 2024, with the consensus outlook suggesting a positive earnings picture [1][3]. Earnings Expectations - The consensus EPS estimate for First Horizon is $0.38 per share, reflecting a year-over-year increase of +40.7% [3]. - Expected revenues for the quarter are $821.63 million, which is a 5.6% increase from the same quarter last year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.27%, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for First Horizon is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +3.18%, suggesting a bullish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - First Horizon currently holds a Zacks Rank of 3, which, along with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [10]. Historical Performance - In the last reported quarter, First Horizon was expected to post earnings of $0.37 per share but delivered $0.36, resulting in a surprise of -2.70% [11]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [12]. Conclusion - First Horizon is viewed as a compelling candidate for an earnings beat, but investors are advised to consider other factors that may influence stock performance ahead of the earnings release [15].

MEMPHIS, Tenn., Oct. 4, 2024 /PRNewswire/ -- First Horizon Foundation announced today its pledge of $250,000 to help communities impacted by Hurricane Helene. These funds will be distributed through nonprofit partners to address the needs of affected areas. Applications for funding to 501(c)(3) organizations can be submitted online at https://firsthorizonfoundation.com/HeleneRelief. Immediately following the storm, First Horizon Corporation provided manpower and distributed essential supplies, including wat ...

MEMPHIS, Tenn., Oct. 4, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") is pleased to announce that its Chief Marketing Officer Erin Pryor has been recognized by the Memphis Business Journal as one of their 2024 Super Women in Business. This recent event honored 25 female leaders from different industries for their intellect, vision, creativity, and passion among other traits. First Horizon's Chief Marketing Officer, Erin Pryor, is recognized by the Memphis Business Journal as a 2024 ...

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