Zions Bancorp Q2 Sales $776.000M Beat $759.379M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zions Bancorp (NASDAQ:ZION) reported Q2 sales of $776 million, beating the analyst consensus estimate of $759.379 million by 2.19%. However, this represents a 0.51% decrease compared to the same period last year.
July 22, 2024 | 8:10 pm
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Zions Bancorp reported Q2 sales of $776 million, surpassing the analyst estimate of $759.379 million by 2.19%. Despite this beat, sales were down 0.51% year-over-year.
The beat on analyst estimates is a positive indicator for the stock in the short term, although the slight year-over-year decline in sales may temper some of the enthusiasm.
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IMPORTANCE 80
RELEVANCE 100