Investing.com - Zions reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Zions announced earnings per share of $1.34 on revenue of $743M. Analysts polled by Investing.com anticipated EPS of $1.31 on revenue of $711.71M.
Zions shares are down 0% from the beginning of the year, still down 11.85% from its 52 week high of $71.21 set on January 10. They are outperforming the S&P 500 which is down 7.4% from the start of the year.
Zions follows other major Financial sector earnings this month
Zions's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on Wednesday with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
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