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Zions Bancorp Profit Rises In Q3, Beats Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Zions Bancorp (ZION) revealed earnings for its third quarter that Increased, from the same period last year and beat the Street estimates.

The company's earnings came in at $221 million, or $1.48 per share. This compares with $204 million, or $1.37 per share, last year.

Analysts on average had expected the company to earn $1.40 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 8.4% to $672 million from $620 million last year.

Zions Bancorp earnings at a glance (GAAP) :

-Earnings: $221 Mln. vs. $204 Mln. last year.
-EPS: $1.48 vs. $1.37 last year.
-Revenue: $672 Mln vs. $620 Mln last year.

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