Investing.com - First Horizon National reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
First Horizon National announced earnings per share of $0.34 on revenue of $743M. Analysts polled by Investing.com anticipated EPS of $0.3546 on revenue of $736.35M.
First Horizon National shares are up 34.42% from the beginning of the year and are trading at $21.53 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
First Horizon National shares lost 1.91% in after-hours trade the report.
First Horizon National follows other major Financial sector earnings this month
First Horizon National's report follows an earnings missed by JPMorgan on Thursday, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.89 on revenue of $31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of $0.73 on revenue of $22.69B, compared to forecast for EPS of $0.7485 on revenue of $22.72B.
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