Wall Street analysts expect Hancock Whitney Corp (NYSE:HWC) to post sales of $296.14 million for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Hancock Whitney’s earnings. The highest sales estimate is $297.60 million and the lowest is $292.10 million. Hancock Whitney reported sales of $280.38 million in the same quarter last year, which would suggest a positive year over year growth rate of 5.6%. The company is scheduled to report its next earnings results on Tuesday, July 16th.
On average, analysts expect that Hancock Whitney will report full-year sales of $1.20 billion for the current year, with estimates ranging from $1.18 billion to $1.21 billion. For the next financial year, analysts anticipate that the firm will report sales of $1.24 billion, with estimates ranging from $1.22 billion to $1.27 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Hancock Whitney.
Hancock Whitney (NYSE:HWC) last announced its quarterly earnings data on Tuesday, April 16th. The company reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.98 by $0.02. The company had revenue of $293.58 million during the quarter, compared to analyst estimates of $294.63 million. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year.
Shares of NYSE HWC traded up $1.33 during midday trading on Thursday, hitting $43.02. The company had a trading volume of 293,283 shares, compared to its average volume of 474,712. Hancock Whitney has a twelve month low of $32.59 and a twelve month high of $55.00.
Institutional investors and hedge funds have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund acquired a new position in Hancock Whitney during the fourth quarter worth about $34,000. Toronto Dominion Bank acquired a new position in Hancock Whitney during the fourth quarter worth about $47,000. FMR LLC acquired a new position in Hancock Whitney during the fourth quarter worth about $47,000. Synovus Financial Corp acquired a new position in Hancock Whitney during the fourth quarter worth about $58,000. Finally, Quantamental Technologies LLC acquired a new position in Hancock Whitney during the fourth quarter worth about $80,000.
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.
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