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Exploring Analyst Estimates for Hancock Whitney (HWC) Q3 Earnings, Beyond Revenue and EPS
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Wall Street analysts forecast that Hancock Whitney (HWC - Free Report) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year increase of 10.7%. It is anticipated that revenues will amount to $418.85 million, exhibiting an increase of 8.6% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Hancock Whitney metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Net interest margin (TE)' to reach 3.6%. The estimate compares to the year-ago value of 3.5%.
According to the collective judgment of analysts, 'Efficiency Ratio' should come in at 56.2%. The estimate compares to the year-ago value of 54.1%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $34.61 billion. Compared to the current estimate, the company reported $32.21 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Total nonperforming loans' reaching $113.74 million. The estimate compares to the year-ago value of $113.55 million.
Based on the collective assessment of analysts, 'Total nonperforming assets (Total nonaccrual loans + ORE and foreclosed assets)' should arrive at $126.45 million. The estimate is in contrast to the year-ago figure of $124.69 million.
It is projected by analysts that the 'Total Noninterest Income' will reach $110.13 million. The estimate is in contrast to the year-ago figure of $106.00 million.
The consensus among analysts is that 'Net interest income (TE)' will reach $310.11 million. The estimate is in contrast to the year-ago figure of $282.31 million.
The consensus estimate for 'Net Interest Income' stands at $308.86 million. The estimate is in contrast to the year-ago figure of $279.74 million.
Analysts expect 'Secondary mortgage market operations' to come in at $3.78 million. Compared to the current estimate, the company reported $3.48 million in the same quarter of the previous year.
The average prediction of analysts places 'Bank card and ATM fees' at $23.36 million. Compared to the current estimate, the company reported $21.81 million in the same quarter of the previous year.
Analysts predict that the 'Investment and annuity fees and insurance commissions' will reach $15.33 million. The estimate is in contrast to the year-ago figure of $14.51 million.
The combined assessment of analysts suggests that 'Other income' will likely reach $15.41 million. Compared to the current estimate, the company reported $16.77 million in the same quarter of the previous year.
Shares of Hancock Whitney have demonstrated returns of -3.6% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #2 (Buy), HWC is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Hancock Whitney (HWC) Q3 Earnings, Beyond Revenue and EPS
Wall Street analysts forecast that Hancock Whitney (HWC - Free Report) will report quarterly earnings of $1.65 per share in its upcoming release, pointing to a year-over-year increase of 10.7%. It is anticipated that revenues will amount to $418.85 million, exhibiting an increase of 8.6% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Hancock Whitney metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Net interest margin (TE)' to reach 3.6%. The estimate compares to the year-ago value of 3.5%.
According to the collective judgment of analysts, 'Efficiency Ratio' should come in at 56.2%. The estimate compares to the year-ago value of 54.1%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $34.61 billion. Compared to the current estimate, the company reported $32.21 billion in the same quarter of the previous year.
Analysts' assessment points toward 'Total nonperforming loans' reaching $113.74 million. The estimate compares to the year-ago value of $113.55 million.
Based on the collective assessment of analysts, 'Total nonperforming assets (Total nonaccrual loans + ORE and foreclosed assets)' should arrive at $126.45 million. The estimate is in contrast to the year-ago figure of $124.69 million.
It is projected by analysts that the 'Total Noninterest Income' will reach $110.13 million. The estimate is in contrast to the year-ago figure of $106.00 million.
The consensus among analysts is that 'Net interest income (TE)' will reach $310.11 million. The estimate is in contrast to the year-ago figure of $282.31 million.
The consensus estimate for 'Net Interest Income' stands at $308.86 million. The estimate is in contrast to the year-ago figure of $279.74 million.
Analysts expect 'Secondary mortgage market operations' to come in at $3.78 million. Compared to the current estimate, the company reported $3.48 million in the same quarter of the previous year.
The average prediction of analysts places 'Bank card and ATM fees' at $23.36 million. Compared to the current estimate, the company reported $21.81 million in the same quarter of the previous year.
Analysts predict that the 'Investment and annuity fees and insurance commissions' will reach $15.33 million. The estimate is in contrast to the year-ago figure of $14.51 million.
The combined assessment of analysts suggests that 'Other income' will likely reach $15.41 million. Compared to the current estimate, the company reported $16.77 million in the same quarter of the previous year.
View all Key Company Metrics for Hancock Whitney here>>>Shares of Hancock Whitney have demonstrated returns of -3.6% over the past month compared to the Zacks S&P 500 composite's +1.4% change. With a Zacks Rank #2 (Buy), HWC is expected to beat the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .