Hancock Whitney Q3 2024 Sales $271.764M Miss $366.726M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hancock Whitney (NASDAQ:HWC) reported Q3 2024 sales of $271.764 million, missing the analyst consensus estimate of $366.726 million by 25.89%. This represents a 23.49% decrease from the same period last year.
October 15, 2024 | 8:04 pm
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Hancock Whitney's Q3 2024 sales were significantly below expectations, missing estimates by 25.89% and showing a 23.49% year-over-year decline.
The significant miss in sales estimates and the year-over-year decline suggest potential negative sentiment among investors, likely leading to a short-term decrease in stock price.
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