Regions Finl Earnings Preview
Portfolio Pulse from Benzinga Insights
Regions Financial Corporation (NYSE:RF) is scheduled to release its quarterly earnings report on January 19, 2024. Analysts predict an EPS of $0.46. Investors are looking for an earnings beat and positive guidance for the next quarter. RF's stock performance has been negative over the last year, with a 20.93% decline. Previous quarters show a mixed history of beating and missing EPS estimates, with corresponding stock price changes.
January 18, 2024 | 2:01 pm
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NEUTRAL IMPACT
Regions Financial Corporation is expected to report an EPS of $0.46 in its upcoming earnings. Investors will focus on earnings beat and forward guidance. The stock has declined by 20.93% over the past year, indicating bearish sentiment.
The short-term impact on RF's stock price will depend on whether the actual earnings beat or miss the estimated EPS and the nature of the forward guidance. The stock's recent performance has been negative, which may temper expectations. However, the market has already priced in past performance, and the earnings report will provide new information that could influence the stock price. The mixed history of past earnings performance adds uncertainty to the prediction.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100