First Horizon Corp. (NYSE: FHN) is a bank holding company preparing to release its first-quarter earnings on April 15, 2026. The financial community is watching closely as the report is due before the market opens. First Horizon Corp. operates in a competitive banking landscape, and its performance is a key indicator of its financial health.
Wall Street anticipates earnings per share (EPS) of around $0.49 for the quarter. As highlighted by Zacks Investment Research, this figure represents a potential 16.7% increase from the previous year. Some analysts project an even higher EPS of $0.50, a notable rise from the $0.42 per share reported in the same period last year.
Revenue projections are also positive, with estimates near $868.92 million. This would be an increase from the $816.00 million reported a year ago. Projections from various sources range from $866.27 million to $869.85 million, suggesting a consensus on expected revenue growth for First Horizon Corp. of about 6.7% year-over-year.
The company's valuation can be seen through its price-to-earnings (P/E) ratio of 12.16, which measures its stock price relative to its earnings. First Horizon Corp. also has a debt-to-equity ratio of 0.52. This ratio compares a company's total debt to its shareholder equity and is often used to evaluate its financial leverage.
Ahead of the earnings announcement, First Horizon Corp.'s shares fell 1.6% to close at $24.05. In a related development, as highlighted by Benzinga, Barclays analyst Jared Shaw maintained an Overweight rating on the stock. However, the analyst adjusted the price target for First Horizon Corp. down from $30.00 to $29.00.
