WSFS Financial WSFS will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate WSFS Financial to report an earnings per share (EPS) of $1.06.
WSFS Financial bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.04, leading to a 0.4% drop in the share price the following trading session.
Here's a look at WSFS Financial's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.04 | 1.07 | 1.05 | 1.04 |
| EPS Actual | 1.08 | 1.11 | 1.15 | 1.23 |
| Price Change % | -0.0% | -4.0% | 1.0% | 0.0% |
Market Performance of WSFS Financial's Stock
Shares of WSFS Financial were trading at $50.59 as of October 22. Over the last 52-week period, shares are up 44.14%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for WSFS Financial 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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