First Horizon Corporation (FHN) announced earnings for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $233 million, or $0.45 per share. This compares with $184 million, or $0.34 per share, last year.
Excluding items, First Horizon Corporation reported adjusted earnings of $229 million or $0.45 per share for the period.
Analysts on average had expected the company to earn $0.41 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.8% to $830 million from $815 million last year.
First Horizon Corporation earnings at a glance (GAAP) :
-Earnings: $233 Mln. vs. $184 Mln. last year.-EPS: $0.45 vs. $0.34 last year.-Revenue: $830 Mln vs. $815 Mln last year.
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