financetom
Business
financetom
/
Business
/
Huntington Bancshares Shares Are Trading Lower: What You Need To Know
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Huntington Bancshares Shares Are Trading Lower: What You Need To Know
Jun 10, 2024 1:41 PM

Huntington Bancshares Incorporated ( HBAN ) experienced lower-than-average trading volume Monday afternoon with a total of 50.843 million shares exchanged.

What To Know: The company faced technical difficulties during its presentation at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Monday due to vendor error. Consequently, the live audio webcast was temporarily unavailable in full.

However, the company swiftly addressed the issue, making a full replay version of the audio webcast accessible on the Huntington Bancshares Investor Relations website under the “Events and Presentations” section.

What Else: Despite the temporary setback, Huntington Bancshares ( HBAN ) remains focused on its upcoming second-quarter earnings report scheduled for July 19.

Analysts anticipate EPS of 29 cents and revenue of $1.83 billion. In the previous quarter, the company outperformed expected EPS of 25 cents, with 28 cents and revenue of $1.75 billion compared to estimates of $1.74 billion.

HBAN Price Action: Huntington Bancshares ( HBAN ) shares closed Monday down 6.12% at $12.58, according to Benzinga pro.

See Also: Down -8.29% in 4 Weeks, Here’s Why Tilray Brands Looks Ripe for a Turnaround

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cintas Fiscal Q4 Earnings, Revenue Increase; Fiscal 2026 Guidance Issued
Cintas Fiscal Q4 Earnings, Revenue Increase; Fiscal 2026 Guidance Issued
Jul 17, 2025
08:47 AM EDT, 07/17/2025 (MT Newswires) -- Cintas ( CTAS ) reported fiscal Q4 earnings Thursday of $1.09 per diluted share, up from $1 a year earlier. Analysts polled by FactSet expected $1.07. Revenue for the fiscal quarter ended May 31 was $2.67 billion, up from $2.47 billion a year earlier. Analysts surveyed by FactSet expected $2.63 billion. For fiscal...
ASP Isotopes Expects to Ship Enriched Silicon-28 to First Customers in August
ASP Isotopes Expects to Ship Enriched Silicon-28 to First Customers in August
Jul 17, 2025
08:46 AM EDT, 07/17/2025 (MT Newswires) -- ASP Isotopes ( ASPI ) said Thursday it expects to ship commercial Silicon-28 enriched to at least 99.995% in August to its first customers from its isotope enrichment facility in Pretoria, South Africa. The company said it increased the estimated maximum annual capacity of the facility to 80 kilograms of highly enriched Silicon-28...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Novartis Trims Operating Income Outlook After Strong Q2 Performance, Initiates $10 Billion Stock Buyback
Novartis Trims Operating Income Outlook After Strong Q2 Performance, Initiates $10 Billion Stock Buyback
Jul 17, 2025
Swiss pharmaceutical giant Novartis AG ( NVS ) reported second-quarter 2025 earnings on Thursday and raised its full-year earnings forecast. Quarterly sales reached $14.05 billion, almost in line with the analysts’ consensus estimate of $14.06 billion. Net sales grew 12% year over year (+11% on constant currency or cc) with core operating income up 20% to $5.93 billion (+21% on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved