Company Overview - Regions Financial (RF) is anticipated to report a year-over-year increase in earnings, with a projected quarterly earnings of $0.56 per share, reflecting a +7.7% change, and revenues expected to reach $1.85 billion, up 7% from the previous year [3][12]. Earnings Expectations - The upcoming earnings report is scheduled for July 18, and the stock may experience upward movement if the reported numbers exceed expectations, while a miss could lead to a decline [2][12]. - The consensus EPS estimate has been revised 1.28% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP for Regions Financial is +0.83%, suggesting a likelihood of beating the consensus EPS estimate, although the stock currently holds a Zacks Rank of 3 [12]. - Historical performance shows that Regions Financial has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +5.88% in the last reported quarter [13][14]. Industry Context - In the Southeast banking industry, Simmons First National (SFNC) is expected to report earnings of $0.40 per share, indicating a +21.2% year-over-year change, with revenues projected at $213.4 million, up 8.2% [18]. - Simmons First National has an Earnings ESP of -1.68% and a Zacks Rank of 3, making it challenging to predict a beat on the consensus EPS estimate [19].
Regions Financial (RF) Reports Next Week: Wall Street Expects Earnings Growth