Zions Bancorp Q2 2024 GAAP EPS $1.28 Beats $1.09 Estimate
Portfolio Pulse from Benzinga Newsdesk
Zions Bancorp reported Q2 2024 GAAP EPS of $1.28, surpassing the estimated $1.09.
July 22, 2024 | 8:13 pm
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POSITIVE IMPACT
Zions Bancorp reported Q2 2024 GAAP EPS of $1.28, exceeding the consensus estimate of $1.09. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The reported EPS of $1.28 is significantly higher than the estimated $1.09, indicating strong financial performance. This positive earnings surprise is expected to enhance investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100