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CNSL, HBAN, STI Expected To Be Down Before Next Earnings Releases
October 10, 2016 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed Before their last 12 quarterly, 6 quarterly and earnings reports. Consolidated Communications Holdings Inc (NASDAQ:CNSL), Huntington Bancshares Incorporated (NASDAQ:HBAN), Suntrust Banks Inc. (NYSE:STI) are all expected to be Down Before their earnings are released Thursday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go Down Before earnings are released Thursday:
Symbol Company # of Reports Quarter Release Date CNSL Consolidated Communications Holdings Inc November Earnings Q3 11/03/2016 HBAN Huntington Bancshares Incorporated October Earnings Q3 10/26/2016 STI Suntrust Banks Inc. October Earnings Q3 10/21/2016This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
Consolidated Communications Holdings Inc (NASDAQ:CNSL) - Consolidated Communications Holdings, Inc., through its subsidiaries, provides various integrated communications services to business and residential customers. The company s services include local and long-distance, high-speed broadband Internet access, video, voice over Internet protocol, private line, cloud data, carrier grade access, data center and managed services, and directory publishing, as well as network capacity services over its regional fiber optic networks. The company also sells and supports telecommunications equipment, such as key, private branch exchange, IP-based telephone systems, and other hardware solutions, as well as offers support services to medium and large business customers. As of December 31, 2015, it had approximately 483 thousand voice connections, 456 thousand data connections, and 118 thousand video connections. The company serves its customers in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. Consolidated Communications Holdings, Inc. was founded in 1894 and is headquartered in Mattoon, Illinois..
Huntington Bancshares Incorporated (NASDAQ:HBAN) - Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio..
Suntrust Banks Inc. (NYSE:STI) - SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Management segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, as well as various services. This segment also provides wealth management products and professional services, including brokerage, professional investment management, and trust services; and family office solutions. The Wholesale Banking segment offers corporate and investment banking solutions, such as advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services, auto dealer financing, and corporate insurance premium financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also provides treasury and payment solutions, including operating various electronic and paper payment types, such as card, wire transfer, automated clearing house, check, and cash; and offers clients to manage their accounts online. The Mortgage Banking segment provides residential mortgage products in the secondary market. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2015, it operated 1,401 full-service banking offices located in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia. The company was founded in 1891 and is headquartered in Atlanta, Georgia..
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