Zions Bancorp Earnings Retreat 9% In Q4

(RTTNews) - Zions Bancorp (ZION) announced a profit for fourth quarter that declined compared to the same period last year.

The company said its profit declined to $114 million, or $0.54 per share. This was lower than $125 million, or $0.60 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Zions Bancorp earnings at a glance:

-Earnings (Q4): $114 Mln. vs. $125 Mln. last year. -Earnings Decline (Y-o-Y): -8.8% -EPS (Q4): $0.54 vs. $0.60 last year. -EPS Decline (Y-o-Y): -10.0% -Analysts Estimate: $0.73