Zions Bancorp Q3 Income Retreats, misses estimates

(RTTNews) - 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