Last quarter Huntington Bancshs (NASDAQ:HBAN) beat estimates by 3 cents per share and it is up again on Thursday, July 19, 2012.
Analysts currently expect Huntington Bancshs to come in with earnings of 15 cents per share on revenues of $674.9 million. Estimates range from 14 cents per share to 17 cents per share. Over the past three months, the average estimate has moved up from 14 cents.
Last Quarter's Results
In the first quarter, profit rose 21.2% to $153.3 million (17 cents a share) from $126.4 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 3.2% to $766.5 million from $743 million.
Analysts think investors should stand pat on Huntington Bancshs with 13 of 20 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
The stock price recently went on a hot streak as it rose 23 cents per share between June 8, 2012 and July 11, 2012 It finished at $6.46.
Company Fundamental Trends
Reporting Period: 2Q
Date of Release: Thursday, July 19, 2012 before market open
EPS: 15 cents
Revenue Estimate: $674.9 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)