First Horizon National (FHN) Q4 Earnings Surpass Estimates

Core Viewpoint - First Horizon National (FHN) reported quarterly earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and showing an increase from $0.32 per share a year ago, indicating a positive earnings surprise of 13.16% [1] Group 1: Earnings Performance - The company surpassed consensus EPS estimates three times over the last four quarters [2] - First Horizon's revenues for the quarter ended December 2024 were $729 million, missing the Zacks Consensus Estimate by 11.36%, and down from $800 million year-over-year [2] - The company has topped consensus revenue estimates two times over the last four quarters [2] Group 2: Stock Performance and Outlook - First Horizon shares have increased approximately 6.2% since the beginning of the year, outperforming the S&P 500's gain of 1.2% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.36 for the coming quarter and $1.58 for the current fiscal year [4][7] Group 3: Industry Context - The Zacks Industry Rank places Banks - Southwest in the top 9% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]