Zions Bancorp Reports Increase In Q1 Income, But Misses Estimates

Zions Bancorp (ZION) reported earnings for its first quarter that increased from the same period last year but missed the Street estimates.

The company's earnings came in at $169 million, or $1.13 per share. This compares with $143 million, or $0.96 per share, last year.

Analysts on average had expected the company to earn $1.18 per share. Analysts' estimates typically exclude special items.

Zions Bancorp earnings at a glance (GAAP) :

-Earnings: $169 Mln. vs. $143 Mln. last year.
-EPS: $1.13 vs. $0.96 last year.

by RTTNews Staff Writer

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