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First Horizon National (FHN) reported earnings for its first quarter that climbed from the same period last year.


RTTNews | Apr 21, 2021 06:55AM EDT

06:54 Wednesday, April 21, 2021 (RTTNews.com) - First Horizon National (FHN) reported earnings for its first quarter that climbed from the same period last year.

The company's bottom line came in at $225 million, or $0.40 per share. This compares with $12 million, or $0.04 per share, in last year's first quarter.

Excluding items, First Horizon National reported adjusted earnings of $284 million or $0.51 per share for the period.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 68.6% to $806 million from $478 million last year.

First Horizon National earnings at a glance:

-Earnings (Q1): $284 Mln. vs. $17 Mln. last year.-EPS (Q1): $0.51 vs. $0.05 last year.-Analysts Estimate: $0.37-Revenue (Q1): $806 Mln vs. $478 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3186742/first-horizon-national-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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