Investing.com - Zions reported on Monday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Zions announced earnings per share of $1.27 on revenue of $686M. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $700.97M.
Zions shares are down 3% from the beginning of the year and are trading at $63.02 , down-from-52-week-high.They are outperforming the S&P 500 which is down 9.86% year to date.
Zions shares gained 3.16% in after-hours trade the report.
Zions follows other major Financial sector earnings this month
Zions'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 $2.7 on revenue of $30.66B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
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