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Financial | Regional - Pacific Banks | USA

Zions (ZION) Q2 Earnings and Revenues Lag Estimates

Zions (ZION) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -9.17%. A quarter ago, it was expected that this financial holding company would post earnings of $1.05 per share when it actually produced earnings of $1.04, delivering a surprise of -0.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Zions, which belongs to the Zacks Banks - West industry, posted revenues of $701 million for the quarter ended June 2019, missing the Zacks Consensus Estimate by 3.07%. This compares to year-ago revenues of $686 million.


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https://finance.yahoo.com/news/zions-zio...09740.html

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