On Tuesday, October 20, Regions Financial RF will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Regions Financial EPS will likely be near $0.32 while revenue will be around $1.49 billion, according to analysts. Regions Financial earnings in the same period a year ago was $0.39 per share. Quarterly sales came in at $1.49 billion. If the company were to post earnings in line with the consensus estimate when it reports Tuesday, EPS would be down 17.95%. Revenue would be down 0.27% from the year-ago period. Here is how the Regions Financial's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.06 | 0.23 | 0.39 | 0.39 |
| EPS Actual | -0.23 | 0.15 | 0.40 | 0.39 |
| Revenue Estimate | 1.47 B | 1.46 B | 1.48 B | 1.48 B |
| Revenue Actual | 1.54 B | 1.41 B | 1.48 B | 1.49 B |
Stock Performance
Over the last 52-week period, shares are down 23.24%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Regions Financial is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/rf/mediaframe/39465/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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