Core Insights - First Horizon Corp reported third-quarter earnings per share (EPS) of 51 cents, exceeding the analyst consensus estimate of 44 cents per share [1] - The company achieved quarterly sales of $889 million, surpassing the analyst consensus estimate of $847.179 million [1] Company Performance - Chairman, President, and CEO Bryan Jordan highlighted the strong quarterly performance as a result of disciplined strategy execution and the expertise of associates [2] - The diversified business model and geographic footprint of First Horizon are seen as advantageous in a changing environment [2] - The company's focus on safety, profitability, and growth aims to meet evolving client needs with tailored solutions [2] Stock Performance and Analyst Ratings - Following the earnings announcement, First Horizon shares increased by 0.4% to $20.92 [2] - Analysts have adjusted their price targets for First Horizon, with JP Morgan lowering it from $25 to $23 while maintaining a Neutral rating [5] - Keefe, Bruyette & Woods also lowered their price target from $24 to $23, maintaining a Market Perform rating [5] - Evercore ISI Group downgraded First Horizon from Outperform to In-Line, reducing the price target from $26 to $20 [5] - Wells Fargo maintained an Equal-Weight rating but lowered the price target from $25 to $23 [5]

Financial Performance - Ford Motor Co reported quarterly earnings of 14 cents per share, exceeding the analyst consensus estimate of 2 cents, but down from 49 cents per share in the same quarter last year [1] - Quarterly revenue was $37.42 billion, surpassing the analyst consensus estimate of $36.2 billion, but down from $39.89 billion in the prior year's quarter [1] Business Strategy - CEO Jim Farley stated that the company is strengthening its underlying business with improved quality and has achieved its third consecutive quarter of year-over-year cost improvement, excluding tariff impacts [2] - Ford Pro, identified as the company's largest competitive advantage, is gaining market share in the most profitable customer segments in the U.S. and Europe [2] Market Reaction - Following the earnings announcement, Ford Motor shares increased by 2.8%, trading at $10.46 [3] - Analysts adjusted their price targets for Ford Motor after the earnings report, with Piper Sandler lowering the target from $9 to $8.5, while Goldman Sachs raised it from $9 to $10 [5]