Regions Finl Q3 Adj EPS $0.49 Misses $0.58 Estimate, Sales $1.86B Miss $1.89B Estimate
Portfolio Pulse from Benzinga Newsdesk
Regions Finl (NYSE:RF) reported Q3 earnings of $0.49 per share, missing the analyst consensus estimate of $0.58 by 15.52%. This is a 12.5% decrease from the same period last year. The company also reported quarterly sales of $1.86 billion, missing the analyst consensus estimate of $1.89 billion by 1.69%. This is a 0.54% decrease from the same period last year.
October 20, 2023 | 10:02 am
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Regions Finl's Q3 earnings and sales missed estimates, which could negatively impact its stock price in the short term.
Regions Finl's earnings and sales for Q3 have both missed estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100