Zions Bancorporation (ZION) to Report Q4 Earnings with EPS Estimate of $1.57 and Revenue of $864.58M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 8h ago
0mins
Source: seekingalpha
- Earnings Announcement: Zions Bancorporation is set to announce its Q4 earnings on January 20th after market close, with a consensus EPS estimate of $1.57, reflecting a 17.2% year-over-year growth, indicating sustained profitability.
- Revenue Expectations: The anticipated revenue for Q4 is $864.58 million, showcasing the company's stable income sources amid ongoing credit concerns, which could impact investor sentiment.
- Historical Performance: Over the past two years, Zions has beaten EPS estimates 75% of the time and revenue estimates 38% of the time, demonstrating its competitive edge and profitability in the financial sector.
- Estimate Revisions: In the last three months, EPS estimates have seen 15 upward revisions and no downward adjustments, while revenue estimates have experienced 12 upward revisions and one downward, reflecting analysts' optimistic outlook on the company's future performance.
Analyst Views on ZION
Wall Street analysts forecast ZION stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ZION is 64.00 USD with a low forecast of 58.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
4 Buy
16 Hold
1 Sell
Hold
Current: 59.510
Low
58.00
Averages
64.00
High
70.00
Current: 59.510
Low
58.00
Averages
64.00
High
70.00
About ZION
Zions Bancorporation, National Association (the Bank) is a provider of financial services. It provides a range of banking products and related services, primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It conducts its operations primarily through seven managed and geographically defined bank divisions, each with its own local branding and management. Its products and services include commercial and small business banking, capital markets and investment banking, commercial real estate lending, retail banking, and wealth management. Its commercial small business banking products and services include commercial and industrial and owner-occupied lending and leasing, municipal and public finance services, corporate trust services, and others. Its capital markets and investment banking include loan syndications, fixed income securities underwriting, advisory and capital raising, and Power and project financing.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
