As we get ready for Zions Bancorporation (NASDAQ:ZION) earnings, we have an opportunity to take a quantitative approach to preparation. The company’s second numbers are slated to hit the wires after market close (confirmed) on July 24, 2017. Hence, it’s a good time to take a thorough look at the company’s historical behavior around earnings, as well as where current expectations stand for performance in the quarter.

Zions Bancorporation (NASDAQ:ZION) Historical Stock Behavior Data for Earnings Reports

According to market and research data, the company’s average earnings surprise was 11.96 percent, when looking at the prior year. Let’s look at how these four reports worked out in detail.

The company put up an EPS number of 0.61 on April 24, 2017. That topped the consensus expectation of $0.54, representing a Positive surprise of 12.90% That report showed a top line number of $621M, which compares to a consensus estimate of $621.27M. In reaction, the stock dropped -3.50% on the next day.

The company put up an EPS number of $0.60 on January 23, 2017. That compared with a consensus expectation of $0.52, representing a Positive surprise 14.85%. That report also showed a top line number of $608.71M, which compares to a consensus estimate of $612.98M put out by analysts ahead of the report. That spurred a move of 0.57% a day later. Seven days after that, the stock had posted a net move of -0.12%.

If we look back at October 24, 2016, we see a company able to log an EPS print of $0.57. That topped the projected outlook of $0.50, handing the market a Positive surprise of 13.14%. Sales came in at $614.07M, which countered expectations of $603.24M, leading to a net move in shares of -1.08% the following day, and -0.68% seven days out.

Finally, on July 26, 2016, we saw a Positive surprise of 6.95% when the company came to the table with an EPS of $0.44, answering analysts at $0.41 on the bottom line. The top line hit at $590.57M (versus $587.95M).

Zions Bancorporation (NASDAQ:ZION): What’s the Word on the Street? 

This time around, Q3 is expected to offer up an EPS point of $0.62, with a range of $0.58-$0.65. The top line expectation range out from analysts right now is at $632M-$653.5M, pushing a mean of $643.06M.

Shares of Zions Bancorporation (NASDAQ:ZION) printed a last close of $40.52, which pushes the total market value of the company to roughly $8.33B. Where is it headed from here? It’s impossible to say, but analysts currently have a consensus 12-month target out right now at $46.13.

Looking at recent action, we’ve seen shares declined -16.16% off trailing year highs, but advance overall 1 a ytd basis. The stock has been bouncing in a recent range defined by the $39.97-$40.88 levels, with transactions averaging about 2,902,631 shares per day. Over about the past week, the stock has moved nearly -3.43% higher, representing a total gain of 77.22% off its 52-week low.

Finally, the summary performance stats on reporting suggest that there is roughly a 55 percent chance that the stock down in reaction to its next quarterly data peek. If we dig a bit deeper, we can see that shares of the stock saw gains about down 16 out of 29 quarters on recent record. As far as the actual results, the company has “beaten the number” at a rate of roughly 66% over its past 12 reports. On the other hand, the company swung and missed 4 times, with 0 instances of inline data. At present, the company’s stock price per share has shifted about -3.1% percent since the last time it turned in a report card, when it was printing orders around $41.96/share.