First Horizon National Earnings Rise 13% In Q4
WASHINGTON (dpa-AFX) - First Horizon National (FHN) announced a profit for its fourth quarter that climbed compared to the same period last year.
The company said its bottom line rose to $53.29 million, or $0.23 per share. This was higher than $47.03 million, or $0.20 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.9% to $319.63 million. This was up from $298.88 million last year.
First Horizon National earnings at a glance:
-Earnings (Q4): $53.29 Mln. vs. $47.03 Mln. last year. -Earnings Growth (Y-o-Y): 13.3% -EPS (Q4): $0.23 vs. $0.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $0.25 -Revenue (Q4): $319.63 Mln vs. $298.88 Mln last year. -Revenue Change (Y-o-Y): 6.9%
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