Regions Financial Stock Slides After Earnings Miss

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The regional bank posts third-quarter revenue and net interest income below expectations.

Regions Financial shares were falling in premarket trading Friday after the regional bank missed third-quarter earnings estimates.

Regions posted third-quarter earnings of 49 cents a share, rising from 43 cents a year earlier but lower than Wall Street estimates of 58 cents. Revenue was $1.86 billion, below expectations of $1.89 billion. Net interest income was $1.29 billion, missing estimates of $1.32 billion. “Our protective hedging strategies position us for success in any rate environment and support our commitment to generating consistent, sustainable long-term performance,” said President and CEO John Turner in the earnings release. “While the industry continues to face economic and regulatory uncertainty, we are confident in our ability to adapt to the changing landscape while continuing to deliver top-quartile returns through the cycle.”Write to Emily Dattilo at emily.dattilo@dowjones.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Market Today: Tesla Stock Sinks, Netflix Surges and Earnings Deluge ContinuesGovernment bonds sell off again; Netflix stock surges premarket
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »