First Horizon Stock Up on Q3 Earnings Beat, NII & Fee Income Rise Y/Y
First Horizon(FHN) ZACKS·2024-10-17 20:55
Shares of First Horizon Corporation (FHN) gained more than 4% following the release of its better-thanexpected third-quarter 2024 results. The company's third-quarter adjusted earnings per share (excluding notable items) of 42 cents surpassed the Zacks Consensus Estimate of 38 cents. Moreover, the figure increased 55.6% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results benefited from a rise in net interest income (NII) and non-interest income. Also, an increas ...