Zions Bancorporation is set to announce its quarterly earnings this Monday afternoon. Analysts expect revenue to grow 7.5% year on year, matching the 6.8% increase recorded in the same quarter last year. The company met revenue expectations last quarter with $859 million, up 7.4% year on year, but missed estimates on net interest income and tangible book value per share. Estimates have been largely unchanged over the past 30 days, though Zions has missed Wall Street revenue estimates multiple times over the last two years. Shares are up 9.4% over the past month, heading into earnings with an average analyst price target of $73.19 compared to the current price of $73.43.
Zions Bancorp N.A.Same entity as Zions Bancorporation; earnings report expected with revenue growth, but past misses and unchanged estimates create uncertainty.
Zions BancorporationEarnings report expected with revenue growth, but past misses and unchanged estimates create uncertainty.