Recap: Webster Finl Q1 Earnings

Webster Finl WBS reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.

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

Webster Finl missed estimated earnings by 6.29%, reporting an EPS of $1.49 versus an estimate of $1.59.

Revenue was up $201.03 million from the same period last year.

Last quarter the company missed on EPS by $0.06 which was followed by a 0.68% drop in the share price the next day.

Here's a look at Webster Finl's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.66	1.41	1.25	1.10
EPS Actual	1.60	1.46	1.29	1.24
Revenue Estimate	595.48M	528.96M	485.69M	365.30M
Revenue Actual	602.38M	551.00M	486.66M	394.25M

To track all earnings releases for Webster Finl visit their earnings calendar here.

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

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