Washington Trust Bancorp's Earnings: A Preview

Washington Trust Bancorp WASH is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Washington Trust Bancorp will report an earnings per share (EPS) of $0.56.

The announcement from Washington Trust Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

Last quarter the company beat EPS by $0.14, which was followed by a 5.62% increase in the share price the next day.

Here's a look at Washington Trust Bancorp's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.49 0.45 0.57 0.58
EPS Actual 0.63 0.64 0.76 0.65
Price Change % 6.0% 3.0% -5.0% -10.0%

eps graph

Tracking Washington Trust Bancorp's Stock Performance

Shares of Washington Trust Bancorp were trading at $33.7 as of October 17. Over the last 52-week period, shares are up 34.42%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Washington Trust Bancorp visit their earnings calendar on our site.

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

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