Huntington Bancshares Q3 Adj. EPS $0.36 Beats $0.32 Estimate
Portfolio Pulse from Benzinga Newsdesk
Huntington Bancshares reported Q3 adjusted earnings of $0.36 per share, beating the analyst consensus estimate of $0.32 by 12.5%. However, this is a 7.69% decrease from the same period last year.
October 20, 2023 | 11:04 am
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Huntington Bancshares' Q3 earnings beat estimates but are down year-over-year.
While Huntington Bancshares beat the Q3 earnings estimates, the year-over-year decrease could potentially concern investors. The impact on the stock price could be neutral in the short term as the positive and negative news may offset each other.
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