Zions Bancorporation Earnings Expected to Dip
Source: Narrative
Wall Street is expecting lower profit for Zions Bancorporation when the company reports its first quarter results on Monday, April 20, 2015. Analysts are expecting earnings per share of 36 cents after the company booked a profit of 41 cents a share a year earlier.
The consensus estimate has dipped over the past three months from 40 cents. For the fiscal year, analysts are expecting earnings of $1.61 per share. Analysts project revenue to fall 9% year-over-year to $552.2 million for the quarter, after being $605.9 million a year ago. For the year, revenue is expected to come in at $2.28 billion.
Earnings estimates provided by Zacks.
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