Hancock Whitney (NYSE:HWC) released its earnings results on Tuesday. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03, Briefing.com reports. The company had revenue of $293.58 million during the quarter, compared to the consensus estimate of $294.63 million. Hancock Whitney’s revenue was up 6.4% on a year-over-year basis.
HWC opened at $44.40 on Wednesday. Hancock Whitney has a one year low of $32.59 and a one year high of $55.00.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Toronto Dominion Bank acquired a new stake in Hancock Whitney in the 4th quarter valued at about $47,000. FMR LLC purchased a new position in shares of Hancock Whitney in the fourth quarter valued at $47,000. Synovus Financial Corp purchased a new position in shares of Hancock Whitney in the fourth quarter valued at $58,000. Quantamental Technologies LLC acquired a new stake in Hancock Whitney in the fourth quarter valued at $80,000. Finally, JOYN Advisors Inc. acquired a new stake in Hancock Whitney in the fourth quarter valued at $88,000.
COPYRIGHT VIOLATION NOTICE: “Hancock Whitney (HWC) Releases Earnings Results, Beats Expectations By $0.03 EPS” was first published by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another site, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this story can be read at https://www.themarketsdaily.com/2019/04/17/hancock-whitney-hwc-releases-earnings-results-beats-expectations-by-0-03-eps.html.
About Hancock Whitney
Hancock Whitney Corp. is a bank holding company, which engages in the provision of financial services. It also offers trust and investment management services to retirement plans, corporations, and individuals; and brokerage services, annuity products, and life insurance, general insurance agency services, including life and title insurance, consumer financing service.
Read More: What is a short straddle?
Receive News & Ratings for Hancock Whitney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hancock Whitney and related companies with MarketBeat.com's FREE daily email newsletter.