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First Horizon (FHN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
First Horizon's (FHN) Q1 earnings reflect an improvement in non-interest income. However, challenges emerge with lower net interest income and loan balances, along with higher expenses.
First Horizon's (FHN) Q1 earnings reflect an improvement in non-interest income. However, challenges emerge with lower net interest income and loan balances, along with higher expenses.
Although the revenue and EPS for First Horizon (FHN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Although the revenue and EPS for First Horizon (FHN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
First Horizon National (FHN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.46 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for First Horizon (FHN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.
Analysts Estimate First Horizon National (FHN) to Report a Decline in Earnings: What to Look Out for
First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MEMPHIS, Tenn. , March 27, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE:FHN) plans to announce first quarter financial results on April 17, 2024.
First Horizon Corporation provides banking solutions to both commercial clients and consumers. The company's performance in 2023 experienced decent growth on a YoY basis, and the business has strong solvency and liquidity profiles. The commons are attractive as a dividend pick, but the Series F preferreds are the better value/dividend pick here.