Regional banking company First Horizon will report earnings this Wednesday morning. The market expects revenue to grow 5.6% year on year, an improvement from the 1.8% increase recorded in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, though the company has missed Wall Street's revenue estimates multiple times over the last two years. First Horizon's stock is up 4.4% over the last month, heading into earnings with an average analyst price target of $28.03 compared to the current share price of $25.82.
First Horizon CorporationEarnings report expected; revenue growth forecast but past misses and stock up 4.4% ahead of results.