BUZZ-First Horizon up after Q4 profit surpasses forecast

Reuters

01/15

** Shares of regional lender First Horizon Corp FHN.N up 2.1% at $24.57 premarket after Q4 profit beats estimates

** Co posts adjusted EPS of $0.52 compared to analyst estimates of $0.46 - data compiled by LSEG

** Stronger demand for loans helped FHN earn 7% higher net interest income in the quarter

** Ten out of 20 analysts rate stock "buy" or higher, while the rest rate it "hold"; their median PT is $27 - data compiled by LSEG

** FHN stock up 15.4% over the past year

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))

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