Zions Bancorp ZION is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Zions Bancorp to report an earnings per share (EPS) of $1.17.
Zions Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Earnings History Snapshot
The company's EPS beat by $0.18 in the last quarter, leading to a 6.16% increase in the share price on the following day.
Here's a look at Zions Bancorp's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 1.10 | 0.98 | 0.99 | 1.14 |
EPS Actual | 1.28 | 1.03 | 1.30 | 1.13 |
Price Change % | 6.0% | 1.0% | -1.0% | -10.0% |
Tracking Zions Bancorp's Stock Performance
Shares of Zions Bancorp were trading at $51.03 as of October 17. Over the last 52-week period, shares are up 69.28%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Zions Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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