First Horizon Corporation (NYSE:FHN), a regional bank headquartered in Memphis, Tennessee, is poised to disclose its earnings for the fourth quarter prior to the market opening on Thursday, January 15. Investors and market observers are anticipating financial results that demonstrate incremental improvements year over year.
Analyst consensus forecasts a quarterly earnings per share (EPS) figure arriving at approximately 46 cents. This marks a modest rise relative to the 43 cents per share reported during the same period last year. Concurrently, expectations for total revenue stand at about $862.8 million, representing growth from the $824 million recorded in the prior-year quarter. These estimates are drawn from data aggregated by Benzinga Pro.
In the session preceding the earnings announcement, shares of First Horizon experienced a minor decline, decreasing by 0.2% to $24.17 as of Tuesday’s trading. This price movement suggests a cautious stance among investors ahead of the company's detailed financial disclosures.
Analyst Forecast Adjustments
Several analysts known for their historical accuracy in rating stocks have recently updated their assessments and price targets for First Horizon as the earnings call approaches. Their evaluations provide a spectrum of views on how the company might perform in the near term.
- Janet Lee of TD Cowen retains a Hold rating on First Horizon, while increasing her price target from $24 to $26 as of January 7, 2026. Lee’s accuracy rate in past forecasts stands at 64%, signaling reliable though moderately cautious insights.
- Daniel Tamayo at Raymond James continues to endorse the stock with an Outperform rating, elevating his price target from $23 to $27 on the same date. Tamayo’s 63% accuracy rate underscores a solid, if not exceptional, track record for predicting stock actions.
- Ben Gerlinger of Citigroup maintains a Buy rating, raising the price target from $25 to $28 on December 30, 2025. This analyst holds a notably higher accuracy rate of 73%, suggesting stronger conviction behind the bullish outlook.
- John McDonald from Truist Securities has kept a Hold rating and increased the price target to $26 from $24 as of December 18, 2025. McDonald’s accuracy rate is among the highest in this group at 78%, lending additional weight to his measured optimism.
- Christopher McGratty at Keefe, Bruyette & Woods sustains a Market Perform rating and nudges up the price target slightly from $23 to $24 as of December 17, 2025. His forecast accuracy rate of 62% positions him as a consistent, albeit moderately conservative, analyst.
Overall, these expert evaluations suggest a general trend of modest upward revisions in valuation metrics for First Horizon, aligning with the company's forecasted incremental growth in earnings and revenue.
Investor Resources and Market Context
For investors seeking additional insights and updated information on First Horizon and other equities, Benzinga offers dedicated platforms. The Analyst Stock Ratings resource allows users to filter analyses by ticker, company, or rating change, facilitating informed decision-making.
Moreover, Benzinga Rankings deliver critical metrics such as momentum and quality scores, equipping investors with quantitative tools to evaluate stocks efficiently. While First Horizon holds a moderate momentum score of 63.55 and a quality score of 46.31, other valuation aspects are not available, which may limit comprehensive evaluation based on those factors alone.
Key Points:
- First Horizon is expected to report Q4 earnings per share of 46 cents, marking a slight increase from 43 cents a year earlier.
- Revenue projections for the quarter stand at $862.8 million, up from $824 million in the corresponding period.
- Prominent analysts have raised price targets ranging from $24 to $28 ahead of the earnings call, reflecting cautious optimism.
- Shares slightly declined to $24.17 prior to the announcement, indicating muted investor enthusiasm amid the anticipation.
Risks and Uncertainties:
- The modest increase in earnings and revenue estimates suggests limited room for upside surprises, potentially constraining stock volatility post-earnings.
- Market reaction to the earnings report may be tempered by the recent dip in stock price and the broadly Hold and Market Perform analyst ratings.
- Not all valuation metrics are currently available, possibly limiting thorough assessment of the company’s financial health and market position.
- Given the range of price targets and ratings, there remains some uncertainty in the consensus outlook, which could lead to divergent investor interpretations upon results release.