Hancock Whitney Corp reports results for the quarter ended in March - Earnings Summary

Hancock Whitney

16/04/2024 23:01

* Hancock Whitney Corp  HWC.OQ  reported quarterly adjusted
earnings of $1.24​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of $1.45.  The mean expectation of ten analysts for the
quarter was for earnings of $1.18 per share. Wall Street
expected results to range from $1.15  to $1.23 per share.
    * Revenue fell 3.8% to $354.02 million from a year ago;
analysts
expected $357.17 million. 
    * Hancock Whitney Corp's reported EPS for the quarter was
$1.24​.
    * The company reported quarterly net income of $108.61
million.
    * Hancock Whitney Corp shares had fallen by 7.5% this
quarter and
lost 12.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Hancock
Whitney
Corp is $50.00 

This summary was machine generated from LSEG data April 16 at
10:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.18           1.24           Beat
 Dec. 31 2023      1.19           0.58           Missed
 Sep. 30 2023      1.04           1.12           Beat
 Jun. 30 2023      1.34           1.35           Beat