Investing.com - Zions reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Zions announced earnings per share of $1.01 on revenue of $712M. Analysts polled by Investing.com anticipated EPS of $0.88 on revenue of $704.34M.
Zions shares are down 41% from the beginning of the year, still down 42.42% from its 52 week high of $52.48 set on January 2. They are under-performing the Nasdaq which is up 27.93% from the start of the year.
Zions shares gained 2.18% in after-hours trade following the report.
Zions follows other major Financial sector earnings this month
Zions's report follows an earnings beat by UnitedHealth on Wednesday, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.11 on revenue of $63.79B.
JPMorgan had beat expectations on October 13 with third quarter EPS of $2.92 on revenue of $29.94B, compared to forecast for EPS of $2.23 on revenue of $28.22B.
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