Hancock Whitney Corporation ($HWC) Quarterly Profit Outshines Wall Street Expectation

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Hancock Whitney Corporation (NASDAQ: HWC) published its earnings report, providing investors with insights into the company's performance for the third quarter. The report came out after the closing bell.

The results has grabbed interest of the wall street, especially since the earnings and revenues outshined the market view

The quarterly financial report of the business revealed revenues adding up $367.66 million, soared 3.51 percent when looking at the identical quarter of previous year.

Alongside the business recorded a income of $1.33 per share, grew 18.75 in comparison to the similar quarter of prior year.

The achieved results beat the wall street predicted $1.29 profit per share with the $366.73 million in revenues.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $1.33 +18.8% 367.66 M +3.5%
Historical Earnings Insight
Q2 2024 $1.31 -3.0% 359.60 M +0.7%
Q1 2024 $1.28 -11.7% 354.02 M -3.1%
Q4 2023 $1.26 -23.6% 308.41 M -17.2%
Q3 2023 $1.12 -27.7% 355.21 M -2.9%
Q2 2023 $1.35 -2.2% 357.14 M +7.8%
*Growth on year-over-year basis

 

Hancock Whitney (HWC) shares traded as low as $53.00 and as high as $54.97 on a day volume of 733.40 thousand shares, closed Tuesday's regular trading session at $53.77, an upturn of 1.38 percent.