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First Horizon National (FHN) reported a profit for its fourth quarter that rose from last year.


RTTNews | Jan 22, 2021 06:50AM EST

06:49 Friday, January 22, 2021 (RTTNews.com) - First Horizon National (FHN) reported a profit for its fourth quarter that rose from last year.

The company's earnings totaled $234 million, or $0.42 per share. This compares with $117 million, or $0.37 per share, in last year's fourth quarter.

Excluding items, First Horizon National reported adjusted earnings of $255 million or $0.46 per share for the period.

Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 63.6% to $810 million from $495 million last year.

First Horizon National earnings at a glance:

-Earnings (Q4): $255 Mln. vs. $147 Mln. last year.-EPS (Q4): $0.46 vs. $0.47 last year.-Analysts Estimate: $0.33-Revenue (Q4): $810 Mln vs. $495 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3162549/first-horizon-national-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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