20.01.2023 13:06:37

Huntington Bancshares Inc. Reports Advance In Q4 Income, Beats estimates

(RTTNews) - Huntington Bancshares Inc. (HBAN) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $645 million, or $0.42 per share. This compares with $401 million, or $0.26 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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

-Earnings (Q4): $645 Mln. vs. $401 Mln. last year. -EPS (Q4): $0.42 vs. $0.26 last year. -Analyst Estimate: $0.41

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