Hancock Whitney Corp (HWC) Expected to Announce Earnings of $0.98 Per Share

Wall Street analysts predict that Hancock Whitney Corp (NYSE:HWC) will post earnings per share (EPS) of $0.98 for the current quarter, according to Zacks. Five analysts have issued estimates for Hancock Whitney’s earnings. The lowest EPS estimate is $0.90 and the highest is $1.01. Hancock Whitney reported earnings of $0.90 per share in the same quarter last year, which would indicate a positive year over year growth rate of 8.9%. The company is scheduled to announce its next earnings results after the market closes on Tuesday, April 16th.

On average, analysts expect that Hancock Whitney will report full-year earnings of $4.14 per share for the current financial year, with EPS estimates ranging from $4.09 to $4.22. For the next fiscal year, analysts expect that the company will report earnings of $4.33 per share, with EPS estimates ranging from $4.20 to $4.48. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Hancock Whitney.

Hancock Whitney (NYSE:HWC) last posted its quarterly earnings data on Wednesday, January 16th. The company reported $1.12 EPS for the quarter, hitting analysts’ consensus estimates of $1.12. The company had revenue of $291.97 million for the quarter, compared to analysts’ expectations of $294.80 million.



Several analysts have commented on the company. Raymond James cut Hancock Whitney from a “strong-buy” rating to an “outperform” rating in a report on Monday, January 7th. Hovde Group restated an “outperform” rating and issued a $48.00 price target (up previously from $45.00) on shares of Hancock Whitney in a report on Friday, January 18th. Stephens restated a “buy” rating and issued a $52.00 price target on shares of Hancock Whitney in a report on Thursday, January 17th. Zacks Investment Research cut Hancock Whitney from a “buy” rating to a “sell” rating in a report on Wednesday, April 3rd. Finally, FIG Partners upgraded Hancock Whitney from a “market-perform” rating to an “outperform” rating in a report on Thursday, January 17th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the company. Hancock Whitney currently has a consensus rating of “Buy” and a consensus target price of $52.40.

Hancock Whitney stock opened at $43.34 on Tuesday. Hancock Whitney has a 52 week low of $32.59 and a 52 week high of $55.00.

Institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio purchased a new stake in Hancock Whitney in the 4th quarter valued at about $1,829,000. Paragon Capital Management Ltd acquired a new position in shares of Hancock Whitney in the 4th quarter valued at about $249,000. American International Group Inc. acquired a new position in shares of Hancock Whitney in the 4th quarter valued at about $7,904,000. Bowling Portfolio Management LLC acquired a new position in shares of Hancock Whitney in the 4th quarter valued at about $1,635,000. Finally, Oregon Public Employees Retirement Fund acquired a new position in shares of Hancock Whitney in the 4th quarter valued at about $1,166,000.

Hancock Whitney Company Profile

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.

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Earnings History and Estimates for Hancock Whitney (NYSE:HWC)

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