Earnings Preview: Regions Finl

Regions Finl (NYSE:RF) is preparing to release its quarterly earnings on Friday, 2024-10-18. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Regions Finl to report an earnings per share (EPS) of $0.53.

The announcement from Regions Finl is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.05, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Regions Finl's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.48	0.45	0.46	0.58
EPS Actual	0.53	0.44	0.52	0.49
Price Change %	0.0%	-1.0%	4.0%	-12.0%

Performance of Regions Finl Shares

Shares of Regions Finl were trading at $23.98 as of October 16. Over the last 52-week period, shares are up 67.56%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Regions Finl visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.