HANCOCK WHITNEY CORP (HWC) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $50.6 million, or $0.58 per share. This compares with $143.8 million, or $1.65 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
HANCOCK WHITNEY CORP earnings at a glance (GAAP) :
-Earnings (Q4): $50.6 Mln. vs. $143.8 Mln. last year.
-EPS (Q4): $0.58 vs. $1.65 last year.
-Analyst Estimates: $1.19
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