Investing.com - First Horizon National reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
First Horizon National announced earnings per share of $0.95 on revenue of $799.15M. Analysts polled by Investing.com anticipated EPS of $0.51 on revenue of $798.72M.
First Horizon National shares are down 33.51% from the beginning of the year and are trading at $11.01 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
First Horizon National shares lost 3.84% in intra-day trade the report.
First Horizon National follows other major Financial sector earnings this month
First Horizon National's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.
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