Hancock Whitney Corporation Stock Rises After-Hours Following Q3 Earnings
Portfolio Pulse from Ryan Gustafson
Hancock Whitney Corp (HWC) reported Q3 earnings with a decrease in earnings per share and sales compared to the same period last year. However, the company reported loan growth of $194 million, or 3% LQA. Despite missing analyst consensus estimates, HWC shares traded higher in the after-hours session.
October 17, 2023 | 9:48 pm
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Hancock Whitney Corp reported decreased earnings and sales for Q3, but saw loan growth. Shares traded higher after-hours.
Despite reporting a decrease in earnings per share and sales, Hancock Whitney Corp saw its shares trade higher in the after-hours session. This could be due to the reported loan growth and the CEO's positive comments on the company's stability and strength.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100