Get ready to discover the eagerly anticipated third quarter financial results of Huntington Bancshares (NASDAQ: HBAN) on Thursday 17th October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
the establishment is projected to announce an estimated per share $0.30 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $1.86 billion for this period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.36. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.88 billion during that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $7.32 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $1.17 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.30 | -14.3% | 1.80 B | -2.1% |
| Q1 2024 | $0.28 | -26.3% | 1.75 B | -8.7% |
| Q4 2023 | $0.27 | -37.2% | 1.72 B | -12.2% |
| Q3 2023 | $0.36 | -7.7% | 1.88 B | -1.7% |
| Q2 2023 | $0.35 | -2.8% | 1.84 B | +5.4% |
| *Growth on year-over-year basis | ||||
HBAN has scheduled a conference call on 17th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Huntington Bancshares (HBAN) shares traded as low as $15.67 and as high as $15.94 on a day volume of 16.77 million shares, closed Wednesday's regular trading session at $15.84, an advance of 1.60 percent.
