First Horizon National Q1 adjusted earnings Beat Estimates

(RTTNews) - First Horizon National (FHN) announced earnings for its first quarter that advanced from last year.

The company's earnings came in at $90.62 million, or $0.27 per share. This compares with $54.02 million, or $0.23 per share, in last year's first quarter.

Excluding items, First Horizon National reported adjusted earnings of $112.09 million or $0.34 per share for the period.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 42.6% to $437.19 million from $306.65 million last year.

First Horizon National earnings at a glance:

-Earnings (Q1): $112.09 Mln. vs. . last year. -Analysts Estimate: $0.31 -Revenue (Q1): $437.19 Mln vs. $306.65 Mln last year.