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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NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100