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Market Overview

Earnings Outlook for Huntington Bancshares


Huntington Bancshares (NASDAQ:HBAN) will be releasing its next round of earnings this Friday, January 22. For all of the relevant information, here is your guide for Friday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Huntington Bancshares EPS will likely be near $0.29 while revenue will be around $1.25 billion, according to analysts. In the same quarter last year, Huntington Bancshares reported earnings per share of $0.28 on revenue of $1.15 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Friday, EPS would be up 3.57%. Revenue would be have grown 8.51% from the same quarter last year. Here is how the Huntington Bancshares's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.25 0.04 0.17 0.31
EPS Actual 0.27 0.13 0.03 0.28
Revenue Estimate 1.23 B 1.14 B 1.15 B 1.17 B
Revenue Actual 1.25 B 1.18 B 1.15 B 1.15 B

Stock Performance

Shares of Huntington Bancshares were trading at $14.68 as of January 20. Over the last 52-week period, shares are up 6.89%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Huntington Bancshares is scheduled to hold the call at 08:30:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings