First Horizon Corporation (NYSE:FHN) announced its financial results for the fourth quarter, reporting earnings and revenue figures that outperformed Wall Street estimates. The company recorded earnings per share (EPS) of $0.52, exceeding the analyst consensus of $0.46. Additionally, the quarterly revenue reached $888 million, topping projections of approximately $859 million.
In a statement following the release, Bryan Jordan, who holds the roles of Chairman, President, and CEO, expressed satisfaction with the company’s performance. "We are pleased to report a strong fourth quarter performance to close out an outstanding 2025 for First Horizon," Jordan remarked. He highlighted that consistent implementation of the company’s strategic objectives across various departments has catalyzed substantial earnings growth throughout the year, culminating in the fourth-quarter EPS figure.
Despite these solid operational results, First Horizon’s shares declined by 1.1% on the trading day after the announcement, closing at $24.17. This movement suggests market participants may have anticipated even stronger guidance or had other considerations impacting their valuation assessments.
Analyst Revisions Post Earnings
In the wake of First Horizon’s quarterly disclosure, several analyst firms updated their price targets and ratings, reflecting nuanced market perceptions of the company’s outlook:
- Keefe, Bruyette & Woods: Analyst Christopher McGratty maintained a Market Perform rating on First Horizon, increasing the price target from $24 to $25.
- Stephens & Co.: Russell Gunther sustained an Overweight rating while raising the price target from $28 to $29.
- TD Cowen: Janet Lee kept a Hold rating intact and elevated the price target from $26 to $27.
- DA Davidson: Peter Winter retained a Neutral rating but augmented the price target from $25 to $27.
These adjustments reflect a general trend of growing optimism among market analysts, albeit with differing sentiment gradations ranging from Neutral to Overweight. The increases in price targets suggest the analysts anticipate continued solid financial performance and potentially positive catalysts ahead for First Horizon.
Market Metrics and Overview
As of the last trading session, First Horizon's stock price stood at $24.32, slightly down by 0.49%. Market analytics platforms provide comprehensive scoring on various aspects such as momentum, growth, quality, and price trends, offering investors multiple lenses through which to assess the stock’s potential. Such metrics can be influential in shaping investor decisions amid evolving market conditions.
It is important to interpret these earnings results and analyst adjustments within the broader market framework, considering that stock price reactions can be influenced by multiple factors beyond the immediate earnings figures.