Huntington Bancshares Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

As we approach the end of the year, investors are eagerly awaiting the Q4 earnings reports from various companies, including Huntington Bancshares (HBAN). The regional bank has been making waves in the financial sector, and analysts have been busy revising their forecasts to reflect the latest developments. Let's dive into the recent forecast changes from Wall Street's most accurate analysts and explore what they mean for Huntington Bancshares' upcoming earnings report.

Analysts' Recent Revisions: A Positive Sentiment
The consensus EPS estimate for Huntington Bancshares' Q4 earnings has been revised upward by 1.71% over the last 30 days, reaching the current level of $0.31 per share. This upward revision suggests that analysts have collectively reassessed their initial estimates and have become more optimistic about the company's earnings performance for the quarter. Additionally, the expected year-over-year increase in earnings of +14.8% further supports the positive market sentiment surrounding Huntington Bancshares.



The Most Accurate Analysts: Predicting Huntington Bancshares' Earnings
To identify the analysts with the most accurate track record in predicting Huntington Bancshares' earnings, we can analyze their accuracy rates and recent ratings. Based on the provided information, the analysts with the most accurate track record are:

1. RBC Capital analyst Jon Arfstrom: With an accuracy rate of 83%, Jon Arfstrom has consistently provided reliable earnings estimates for Huntington Bancshares. On December 23, 2024, he reiterated an Outperform rating with a price target of $20.
2. Keefe, Bruyette & Woods analyst David Konrad: With an accuracy rate of 73%, David Konrad has demonstrated a strong track record in predicting Huntington Bancshares' earnings. On December 4, 2024, he maintained a Market Perform rating and raised the price target from $16 to $19.
3. Piper Sandler analyst Scott Siefers: With an accuracy rate of 70%, Scott Siefers has shown a good track record in predicting Huntington Bancshares' earnings. On December 3, 2024, he maintained an Underweight rating and raised the price target from $15 to $17.5.
4. Goldman Sachs analyst Ryan Nash: With an accuracy rate of 64%, Ryan Nash has provided reasonably accurate earnings estimates for Huntington Bancshares. On November 26, 2024, he maintained a Buy rating and increased the price target from $16.25 to $20.
5. Citigroup analyst Keith Horowitz: With an accuracy rate of 78%, Keith Horowitz has shown a strong track record in predicting Huntington Bancshares' earnings. On November 19, 2024, he maintained a Buy rating and raised the price target from $18 to $21.

These analysts have demonstrated a consistent ability to accurately predict Huntington Bancshares' earnings, making their opinions and ratings valuable for investors.

Comparing Huntington Bancshares' Earnings Estimates to Its Peers
To compare Huntington Bancshares' earnings estimates to its peers in the regional banking sector, we can analyze the consensus EPS estimates for the upcoming quarter and the year-over-year growth rates. According to the data provided, Huntington Bancshares is expected to report earnings of $0.31 per share in the upcoming quarter, representing a year-over-year increase of +14.8%. This growth rate is higher than the average growth rate of regional banks in the sector.



In conclusion, the recent forecast changes from Wall Street's most accurate analysts reflect a positive sentiment towards Huntington Bancshares' Q4 earnings. With an upward revision in the consensus EPS estimate and an expected year-over-year increase in earnings, investors can expect a strong performance from the regional bank. By keeping an eye on the opinions and ratings of the most accurate analysts, investors can make informed decisions about their investments in Huntington Bancshares.