Benzinga | Jan 19, 2022 10:05AM EST

A Preview Of First Horizon National's Earnings

First Horizon National (NYSE:FHN) is set to give its latest quarterly earnings report on Thursday, 2022-01-20. Here's what investors need to know before the announcement.

Analysts estimate that First Horizon National will likely report an Earnings Per Share (EPS) of $0.37.

First Horizon National bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.09, which was followed by a 2.03% drop in the share price the next day.

Here's a look at First Horizon National's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.41 0.43 0.37 0.33EPS Actual 0.50 0.58 0.51 0.46Price Change % -2.03% -5.53% -2.32% 1.53%

Stock Performance

Shares of First Horizon National were trading at $18.31 as of January 18. Over the last 52-week period, shares are up 25.38%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

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