Benzinga | Oct 16, 2020 10:06AM EDT

Earnings Outlook for Zions Bancorp

On Monday, October 19, Zions Bancorp (NASDAQ: ZION) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Zions Bancorp earnings will be near $0.85 per share on sales of $704.92 million, according to analysts. In the same quarter last year, Zions Bancorp announced EPS of $1.17 on revenue of $713.00 million. If the company were to match the consensus estimate when it reports Monday, earnings would be down 27.35%. Sales would be down 1.13% on a year-over-year basis. Zions Bancorp's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.37 0.56 1.07 1.08EPS Actual 0.34 0.04 1.13 1.17Revenue Estimate 692.65 M 681.67 M 705.56 M 710.85 MRevenue Actual 680.00 M 682.00 M 711.00 M 713.00 M

Stock Performance

Over the past 52-week period, shares of Zions Bancorp have declined 32.69%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Zions Bancorp is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/d4n5qfgh