- Third-quarter profit of 14 cents a share misses analysts' consensus estimate of 16 cents.
- Adds $28 million in mortgage repurchase expenses.
- Commences $100 million share repurchase.
|First Horizon National CEO Bryan Jordan|
The financial services company's better-than-expected third-quarter results could power the stock higher.
First Horizon (FHN) reported earnings and revenue that were above analysts' forecasts for the 2016 third quarter.
First Horizon (FHN) is scheduled to post its 2016 third quarter results before Friday's opening bell.