Investing.com - First Horizon National reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
First Horizon National announced earnings per share of $0.34 on revenue of $704M. Analysts polled by Investing.com anticipated EPS of $0.3237 on revenue of $707.35M.
First Horizon National shares are up 42.56% from the beginning of the year and are trading at $23.28 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
First Horizon National follows other major Financial sector earnings this month
First Horizon National's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
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