Zions Bancorporation-Why Zions (ZION) Might be Well Poised for a Surge

Core Viewpoint - Zions (ZION) is experiencing solid improvements in earnings estimates, which is likely to positively impact its stock price in the near term [1][2]. Earnings Estimate Revisions - Current-quarter earnings estimate is $1.16 per share, reflecting a +12.62% change from the previous year [4]. - Over the last 30 days, the Zacks Consensus Estimate for Zions has increased by 5.28%, with four estimates moving higher and no negative revisions [4]. - For the full year, the expected earnings are$ 5.35 per share, representing an +8.08% change from the prior year [5]. - The current year's revisions show a positive trend, with 10 estimates moving higher and a consensus estimate increase of 7.21% [5]. Zacks Rank - Zions currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and potential for outperformance [6]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - Zions' stock has gained 7.4% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [7].