A Glimpse of First Horizon's Earnings Potential

First Horizon FHN is gearing up to announce its quarterly earnings on Wednesday, 2024-10-16. Here's a quick overview of what investors should know before the release.

Analysts are estimating that First Horizon will report an earnings per share (EPS) of $0.38.

The announcement from First Horizon is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

During the last quarter, the company reported an EPS missed by $0.01, leading to a 1.46% drop in the share price on the subsequent day.

Here's a look at First Horizon's past performance and the resulting price change:

Performance of First Horizon Shares

Shares of First Horizon were trading at $16.45 as of October 14. Over the last 52-week period, shares are up 50.27%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for First Horizon visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.