Huntington Bancshares Q3 2024 GAAP EPS $0.33 Beats $0.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
Huntington Bancshares reported Q3 2024 earnings per share of $0.33, surpassing the analyst consensus estimate of $0.30 by 10%.
October 17, 2024 | 11:01 am
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POSITIVE IMPACT
Huntington Bancshares reported Q3 2024 earnings per share of $0.33, beating the analyst consensus estimate of $0.30 by 10%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The earnings beat indicates strong financial performance, which is typically viewed positively by investors. The 10% beat over estimates suggests that the company is performing better than expected, which can lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100