Financial Insights: Unpacking First Horizon's Latest Earnings Predictions
First Horizon's Forthcoming Earnings Announcement
First Horizon Corporation is slated to unveil its fourth-quarter earnings before the market opens on Thursday, January 15th. This announcement follows a period of keen observation by financial analysts, who have been busy refining their predictions for the company's fiscal health.
Analyst Expectations for Q4 Performance
Market analysts are forecasting a positive fourth quarter for the Memphis, Tennessee-based financial institution. The consensus among experts suggests that First Horizon will report earnings of 46 cents per share, marking an increase from the 43 cents per share recorded in the same period last year. Furthermore, the company's revenue is expected to reach $862.8 million, surpassing the $824 million reported a year prior, according to data compiled by Benzinga Pro.
Market Reaction and Stock Movement
In the lead-up to the earnings release, First Horizon's stock experienced a minor downturn, with shares trading at $24.17 on Tuesday, representing a 0.2% decrease. This slight fluctuation indicates the market's sensitivity to upcoming financial disclosures and the inherent uncertainty surrounding such events.
Insights from Leading Financial Analysts
Several highly-rated analysts have recently provided their assessments and updated their price targets for First Horizon. These revisions offer valuable perspectives on the company's valuation and future prospects:
- TD Cowen analyst Janet Lee maintained a 'Hold' rating, raising the price target from $24 to $26 on January 7, 2026. Lee boasts an accuracy rate of 64%.
- Raymond James analyst Daniel Tamayo upheld an 'Outperform' rating, increasing the price target from $23 to $27 on January 7, 2026. Tamayo's accuracy rate stands at 63%.
- Citigroup analyst Ben Gerlinger reiterated a 'Buy' rating, boosting the price target from $25 to $28 on December 30, 2025. Gerlinger has an impressive accuracy rate of 73%.
- Truist Securities analyst John McDonald maintained a 'Hold' rating, raising the price target from $24 to $26 on December 18, 2025. McDonald's accuracy rate is 78%.
- Keefe, Bruyette & Woods analyst Christopher McGratty maintained a 'Market Perform' rating, with a price target increase from $23 to $24 on December 17, 2025. McGratty's accuracy rate is 62%.