WASHINGTON (dpa-AFX) - Zions Bancorp (ZION) reported earnings for third quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $168 million, or $1.13 per share. This compares with $211 million, or $1.40 per share, in last year's third quarter.
Analysts on average had expected the company to earn $1.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Zions Bancorp earnings at a glance (GAAP) :
-Earnings (Q3): $168 Mln. vs. $211 Mln. last year. -EPS (Q3): $1.13 vs. $1.40 last year. -Analyst Estimates: $1.14
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