Benzinga | Oct 19, 2020 10:20AM EDT

Earnings Outlook For Regions Financial

On Tuesday, October 20, Regions Financial (NYSE: RF) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Regions Financial EPS will likely be near $0.32 while revenue will be around $1.49 billion, according to analysts. Regions Financial earnings in the same period a year ago was $0.39 per share. Quarterly sales came in at $1.49 billion. If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be down 17.95%. Revenue would be down 0.27% from the year-ago period. Here is how the Regions Financial's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.06 0.23 0.39 0.39EPS Actual -0.23 0.15 0.40 0.39Revenue Estimate 1.47 B 1.46 B 1.48 B 1.48 BRevenue Actual 1.54 B 1.41 B 1.48 B 1.49 B

Stock Performance

Over the last 52-week period, shares are down 23.24%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Regions Financial is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/rf/mediaframe/39465/indexr.html