Investing.com - Huntington Bancshares reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Huntington Bancshares announced earnings per share of $0.35 on revenue of $1.7B. Analysts polled by Investing.com anticipated EPS of $0.3163 on revenue of $1.7B.
Huntington Bancshares shares are up 26% from the beginning of the year and are trading at $16.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 18.21% from the start of the year.
Huntington Bancshares shares gained 0.19% in pre-market trade the report.
Huntington Bancshares follows other major Financial sector earnings this month
Huntington Bancshares's report follows an earnings beat by JPMorgan on October 13, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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