Regions Financial earnings beat, Revenue misses in Q1
Investing.com - Regions Financial reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Regions Financial announced earnings per share of $0.55 on revenue of $1.60B. Analysts polled by Investing.com anticipated EPS of $0.4767 on revenue of $1.61B.
Regions Financial shares are down 1% from the beginning of the year and are trading at $21.54 , down-from-52-week-high.They are outperforming the S&P 500 which is down 7.82% year to date.
Regions Financial follows other major Financial sector earnings this month
Regions Financial's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.69 on revenue of $30,856M.
Bank of America had beat expectations on Monday with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7492 on revenue of $23.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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