Earnings Forecast Research on Zions Bancorporation (ZION)

Zions Bancorporation has received $0.54 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 12 Financial Advisor in the Stock Trading Firms. Among 12 Analysts, Bottom line EPS Estimate for the current quarter is $0.48 while the top line estimate is $0.59 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 41.01%.

Zions Bancorporation reported better than expected with a surprise EPS of 15.38% or $0.08 during its most recent quarterly earnings. The Actual EPS was $0.6 compared to the Estimated EPS of $0.52. Salt Lake City based Zions Bancorporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 24, 2017.

Zions Bancorporation has a Price to Earnings ratio of 21.24 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.24. For the Most Recent Fiscal Year, Zions Bancorporation has a price to cash ratio of 18. For the Trailing twelve month period, company showed a Net Profit Margin of 18.99% and Return on Equity of the stock is 6.8%.

In the last quarter, Zions Bancorporation reported Annual Earnings of $0.6. Based on the filings, last years Annual Earnings was, $1.99. In the last Quarter, ZION reported a surprise Earnings per Share of 15.38% . The consensus estimate for current quarter is $0.54 and for the current fiscal year, the estimate is $2.44. For the Next fiscal year, the estimate is $2.86 based on the consensus.

Zions Bancorporation (NASDAQ:ZION) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.07 points or 0.17% at $42.19 with 2,542,086 shares getting traded. Post opening the session at $42.18, the shares hit an intraday low of $41.82 and an intraday high of $42.84 and the price was in this range throughout the day. The company has a market cap of $8,568 million and the number of outstanding shares has been calculated to be 203,085,100 shares. The 52-week high of Zions Bancorporation (NASDAQ:ZION) is $44.33 and the 52-week low is $19.65.

Zions Bancorporation is a multi-bank holding company. Zions focuses on maintaining community-minded banking by strengthening its core business lines of retail banking, small and medium-sized business lending, residential mortgage and investment activities. The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash management, lockbox, customized draft processing, and other special financial services are provided for business and other commercial banking customers.


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