Investing.com - Huntington Bancshares reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Huntington Bancshares announced earnings per share of $0.13 on revenue of $1.19B. Analysts polled by Investing.com anticipated EPS of $0.04 on revenue of $1.14B.
Huntington Bancshares shares are down 45% from the beginning of the year and are trading at $9.70 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 10.15% from the start of the year.
Huntington Bancshares follows other major Financial sector earnings this month
Huntington Bancshares's report follows an earnings beat by JPMorgan on July 14, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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