Hancock Whitney Corp reports results for the quarter ended June 30 - Earnings Summary

• Hancock Whitney Corp HWC reported quarterly adjusted earnings of $1.32​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.31. The mean expectation of eight analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.33 to $1.40 per share.

• Revenue rose 4.4% to $375.48 million from a year ago; analysts expected $376.19 million.

• Hancock Whitney Corp's reported EPS for the quarter was $1.32​.

• The company reported quarterly net income of $113.53 million.

• Hancock Whitney Corp shares had risen by 4.9% this quarter and gained 10.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Hancock Whitney Corp is $65.00, about 7.3% above its last closing price of $60.23

This summary was machine generated from LSEG data July 15 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)