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First Horizon Q3 2023 Earnings Report

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$19.94 +0.67 (+3.48%)
(As of 12/20/2024 05:31 PM ET)

First Horizon EPS Results

Actual EPS
$0.27
Consensus EPS
$0.24
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.44

First Horizon Revenue Results

Actual Revenue
$1.25 billion
Expected Revenue
$801.16 million
Beat/Miss
Beat by +$451.84 million
YoY Revenue Growth
N/A

First Horizon Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

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First Horizon Earnings Headlines

First Horizon price target raised to $25 from $23 at Barclays
What most folks don’t know about oil (BIG missed opportunity)
$1 Trillion… That’s how much Big Tech is set to spend on AI investment in the coming months—according to Goldman Sachs. This investment is driving an A.I. boom that’s being felt across many industries… Including a specific group of energy tickers since A.I. data centers use a massive amount of power. One of those tickers is CEG, up nearly 600% in the last 3 years… Combined with the upcoming presidential election, we have the recipe for a major shakeup in the market. You see, each time the U.S. elects a new president, one overlooked part of the energy sector tends to see a big move. Fact is… this energy niche is BOOMING.
National bank puts its name on Cary soccer stadium
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About First Horizon

First Horizon (NYSE:FHN) operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

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