Webster Finl WBS will release its quarterly earnings report on Thursday, 2024-10-17. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Webster Finl to report an earnings per share (EPS) of $1.35.
Investors in Webster Finl are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
In the previous earnings release, the company missed EPS by $0.08, leading to a 0.76% increase in the share price the following trading session.
Here's a look at Webster Finl's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.34 | 1.41 | 1.46 | 1.49 |
| EPS Actual | 1.26 | 1.35 | 1.46 | 1.55 |
| Price Change % | 1.0% | 1.0% | 3.0% | -5.0% |
Performance of Webster Finl Shares
Shares of Webster Finl were trading at $48.93 as of October 15. Over the last 52-week period, shares are up 23.86%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Webster Finl visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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