Shares of Webster Financial WBS moved higher by 0.0% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 220.51% over the past year to $1.25, which beat the estimate of $0.92.
Revenue of $223,764,000 declined by 3.05% year over year, which missed the estimate of $230,770,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Technicals
Company's 52-week high was at $63.81
Company's 52-week low was at $19.76
Price action over last quarter: Up 13.20%
Company Description
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania.
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