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 came in at $254 million, or $0.50 per share. This compares with $213 million, or $0.40 per share, last year.
Excluding items, First Horizon Corporation reported adjusted earnings of $263 million or $0.51 per share for the period.
Analysts on average had expected the company to earn $0.45 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.4% to $889 million from $828 million last year.
First Horizon Corporation earnings at a glance (GAAP) :
-Earnings: $254 Mln. vs. $213 Mln. last year.-EPS: $0.50 vs. $0.40 last year.-Revenue: $889 Mln vs. $828 Mln last year.
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