Washington Trust Bancorp: Q4 Earnings Insights

Washington Trust Bancorp WASH reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Washington Trust Bancorp beat estimated earnings by 33.33%, reporting an EPS of $0.76 versus an estimate of $0.57.

Revenue was down $8.69 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 9.58% drop in the share price the next day.

Here's a look at Washington Trust Bancorp's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.58	0.63	0.88	1.09
EPS Actual	0.65	0.66	0.74	0.95
Revenue Estimate	33.60M	33.79M	40.27M	44.34M
Revenue Actual	33.75M	33.50M	37.19M	41.34M

To track all earnings releases for Washington Trust Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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