Examining the Future: Huntington Bancshares's Earnings Outlook

Huntington Bancshares (NASDAQ:HBAN) is set to give its latest quarterly earnings report on Thursday, 2024-10-17. Here's what investors need to know before the announcement.

Analysts estimate that Huntington Bancshares will report an earnings per share (EPS) of $0.30.

The announcement from Huntington Bancshares is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Huntington Bancshares's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.28	0.27	0.27	0.32
EPS Actual	0.30	0.28	0.27	0.36
Price Change %	4.0%	1.0%	4.0%	-4.0%

Performance of Huntington Bancshares Shares

Shares of Huntington Bancshares were trading at $15.59 as of October 15. Over the last 52-week period, shares are up 57.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Huntington Bancshares visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.