$1.02 EPS Expected for Hancock Whitney Corp (HWC) This Quarter
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.
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.
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