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Huntington Bancshares Inc. (HBAN) revealed a profit for third quarter that decreased from last year.


RTTNews | Oct 22, 2020 07:38AM EDT

07:38 Thursday, October 22, 2020 (RTTNews.com) - Huntington Bancshares Inc. (HBAN) revealed a profit for third quarter that decreased from last year.

The company's profit came in at $303 million, or $0.27 per share. This compares with $372 million, or $0.34 per share, in last year's third quarter.

Analysts had expected the company to earn $0.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.0% to $1.25 billion from $1.19 billion last year.

Huntington Bancshares Inc. earnings at a glance:

-Earnings (Q3): $303 Mln. vs. $372 Mln. last year.-EPS (Q3): $0.27 vs. $0.34 last year.-Analysts Estimate: $0.25-Revenue (Q3): $1.25 Bln vs. $1.19 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3138422/huntington-bancshares-inc-reveals-fall-in-q3-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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