Equities research analysts expect Hancock Whitney Corp (NYSE:HWC) to announce earnings of $1.02 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Hancock Whitney’s earnings, with estimates ranging from $0.98 to $1.05. Hancock Whitney posted earnings per share of $0.96 in the same quarter last year, which suggests a positive year over year growth rate of 6.3%. The company is scheduled to announce its next quarterly earnings report on Tuesday, July 16th.

On average, analysts expect that Hancock Whitney will report full year earnings of $4.11 per share for the current year, with EPS estimates ranging from $4.06 to $4.15. For the next year, analysts anticipate that the company will post earnings of $4.31 per share, with EPS estimates ranging from $4.20 to $4.46. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Hancock Whitney.

Hancock Whitney (NYSE:HWC) last released its earnings results on Tuesday, April 16th. The company reported $1.00 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.02. The company had revenue of $293.58 million for the quarter, compared to analyst estimates of $294.63 million. Hancock Whitney’s revenue for the quarter was up 6.4% on a year-over-year basis.

Several research analysts recently commented on HWC shares. Zacks Investment Research raised Hancock Whitney from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Tuesday, March 19th. Stephens set a $50.00 target price on Hancock Whitney and gave the stock a “buy” rating in a research note on Wednesday. Hovde Group reissued an “outperform” rating and set a $48.00 target price (up from $45.00) on shares of Hancock Whitney in a research note on Friday, January 18th. FIG Partners raised Hancock Whitney from a “market-perform” rating to an “outperform” rating in a research note on Thursday, January 17th. Finally, Raymond James cut Hancock Whitney from a “strong-buy” rating to an “outperform” rating in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company’s stock. Hancock Whitney currently has an average rating of “Buy” and an average target price of $52.00.

HWC traded down $1.04 on Tuesday, hitting $42.51. 557,095 shares of the company were exchanged, compared to its average volume of 478,061. Hancock Whitney has a twelve month low of $32.59 and a twelve month high of $55.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Hancock Whitney during the 4th quarter worth about $346,012,000. Dimensional Fund Advisors LP purchased a new stake in Hancock Whitney during the 4th quarter worth about $123,438,000. Macquarie Group Ltd. purchased a new stake in Hancock Whitney during the 4th quarter worth about $101,036,000. Northern Trust Corp purchased a new stake in Hancock Whitney during the 4th quarter worth about $64,031,000. Finally, Bank of New York Mellon Corp purchased a new stake in Hancock Whitney during the 4th quarter worth about $57,218,000.

About Hancock Whitney

Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.

Read More: Book Value Per Share – BVPS

Get a free copy of the Zacks research report on Hancock Whitney (HWC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Hancock Whitney (NYSE:HWC)

Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter.