First Horizon Corporation (FHN) released a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $213 million, or $0.41 per share. This compares with $184 million, or $0.33 per share, last year.
Excluding items, First Horizon Corporation reported adjusted earnings of $217 million or $0.42 per share for the period.
Analysts on average had expected the company to earn $0.40 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.9% to $812 million from $819 million last year.
First Horizon Corporation earnings at a glance (GAAP) :
-Earnings: $213 Mln. vs. $184 Mln. last year.-EPS: $0.41 vs. $0.33 last year.-Revenue: $812 Mln vs. $819 Mln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.