Hancock Whitney's (HWC) Q4 2024 EPS was not directly compared to forecasts in the available reports. However, the company's Q3 2024 EPS was analyzed in detail. Here are the key points regarding HWC's earnings performance:
- Q3 2024 EPS Performance: Hancock Whitney reported an EPS of $1.33 for the quarter ended September 2024, which was a significant increase from the $1.12 reported in the same quarter of the previous year, reflecting a 19% rise in net income1.
- Analyst Expectations: Prior to the earnings release, analysts had forecasted an EPS of $1.27 for Q3 2024, which was slightly below the actual EPS of $1.33 reported by the company2. This indicated that HWC's performance exceeded analyst expectations.
- Revenue Comparison: The company's revenue for the quarter was $367.66 million, marking a 3.5% increase year-over-year. This revenue growth, coupled with the EPS beat, underscored Hancock Whitney's strong financial performance during the quarter3.
- Market Reaction: Following the earnings release, the company's stock showed positive momentum, reflecting investor confidence in Hancock Whitney's financial health and growth prospects1.
In conclusion, while specific Q4 2024 EPS comparisons to forecasts are not available, the company's robust Q3 2024 performance, which included an EPS beat, suggests that Hancock Whitney likely delivered strong results in Q4 as well, outperforming market expectations.
4/12/2025 05:16am
