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First Horizon National Q4 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - First Horizon National (FHN) reported a profit for its fourth quarter that rose from last year.
The company s earnings totaled $234 million, or $0.42 per share. This compares with $117 million, or $0.37 per share, in last year s fourth quarter.
Excluding items, First Horizon National reported adjusted earnings of $255 million or $0.46 per share for the period.
Analysts had expected the company to earn $0.33 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 63.6% to $810 million from $495 million last year.
First Horizon National earnings at a glance:
Tamika Palmer, the mother of Breonna Taylor, right, listens to a news conference, Friday, Sept. 25, 2020, in Louisville, Ky. Family attorney Ben Crump is calling for the Kentucky attorney general to release the transcripts from the grand jury that decided not to charge any of the officers involved in the Black woman s death. (AP Photo/Darron Cummings)
By Erica Wright
The Birmingham Times
What’s left to say about 2020 except that it’s over. But what a year with the well-chronicled coronavirus pandemic that killed more than 300,000; racial unrest that created division in across many communities and a presidential election that was over until it wasn’t. And there was plenty of more to a year that goes down as one of the most memorable in recent history. Here’s some of what happened.