First Horizon's Earnings Outlook
Portfolio Pulse from Benzinga Insights
First Horizon (NYSE:FHN) is set to release its quarterly earnings report on July 19, 2023. Analysts estimate an EPS of $0.38. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. The stock is currently trading at $12.55, down 42.43% over the last 52-week period.
July 18, 2023 | 9:01 pm
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First Horizon is expected to announce its Q2 earnings on July 19, 2023. The stock has seen a 42.43% drop in the last 52 weeks, but has historically seen share price increases following earnings reports.
First Horizon's stock price has historically increased following earnings reports, even when the company missed EPS estimates. However, the stock has seen a significant drop over the last 52 weeks, which may indicate investor bearishness. The upcoming earnings report and any guidance provided could potentially impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100