20.10.2023 13:09:22 - dpa-AFX: Huntington Bancshares Inc. Q3 Profit Drops, but beats estimates

WASHINGTON (dpa-AFX) - Huntington Bancshares Inc. (HBAN) announced earnings
for third quarter that decreased from the same period last year but beat the
Street estimates.

The company's bottom line came in at $510 million, or $0.35 per share. This
compares with $565 million, or $0.39 per share, in last year's third quarter.

Analysts on average had expected the company to earn $0.32 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 1.0% to $1.89 billion from $1.91
billion last year.

Huntington Bancshares Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $510 Mln. vs. $565 Mln. last year.
-EPS (Q3): $0.35 vs. $0.39 last year.
-Analyst Estimates: $0.32
-Revenue (Q3): $1.89 Bln vs. $1.91 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
HUNTINGTON BANCSHS DL-,01 867622 Frankfurt 11,860 28.06.24 08:03:25 +0,078 +0,66% 0,000 0,000 11,860 11,860

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