Earnings To Watch: First Horizon (FHN) Reports Q4 Results Tomorrow
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First Horizon (FHN) is set to report its Q4 results tomorrow before market hours. Last quarter, it exceeded revenue expectations by 5.2%, with revenues of $893 million, a 7.5% year-on-year increase. Analysts expect a 4.8% revenue growth this quarter to $863.3 million, with adjusted earnings projected at $0.46 per share. Despite missing revenue estimates three times in the past two years, analysts have reaffirmed their estimates. The stock is currently priced at $24.17, with an average target of $26.62.
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