21.01.2022 13:12:28

Huntington Bancshares Inc. Q4 Profit misses estimates

(RTTNews) - Huntington Bancshares Inc. (HBAN) revealed earnings for fourth quarter that missed the Street estimates.

The company's bottom line totaled $377 million, or $0.26 per share. This compares with $281 million, or $0.27 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.1% to $1.65 billion from $1.24 billion last year.

Huntington Bancshares Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $377 Mln. vs. $281 Mln. last year. -EPS (Q4): $0.26 vs. $0.27 last year. -Analyst Estimates: $0.32 -Revenue (Q4): $1.65 Bln vs. $1.24 Bln last year.

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