Preview: Webster Financial’s Earnings

Webster Financial (NYSE:WBS) is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here’s what investors…

Webster Financial (NYSE:WBS) is set to give its latest quarterly earnings report on Thursday, 2023-01-26. Here’s what investors need to know before the announcement.

Analysts estimate that Webster Financial will report an earnings per share (EPS) of $1.66.

Webster 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).

Historical Earnings Performance

Last quarter the company beat EPS by $0.05, which was followed by a 2.71% increase in the share price the next day.

Here’s a look at Webster Financial’s past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.41 1.25 1.10 1.08
EPS Actual 1.46 1.29 1.24 1.31
Price Change % 2.71% -1.66% -2.44% -1.29%

eps graph

Stock Performance

Shares of Webster Financial were trading at $46.92 as of January 24. Over the last 52-week period, shares are down 19.46%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Webster Financial visit their earnings calendar on our site.

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

Total
0
Shares
Related Posts
Read More

Earnings Outlook For Hawaiian Electric Indus

Hawaiian Electric Indus (NYSE:HE) is set to give its latest quarterly earnings report on Monday, 2022-02-14. Here's what investors need to know before the announcement. Analysts estimate that Hawaiian Electric Indus will likely report an Earnings Per Share (EPS) of $0.42.

HE

Read More

Earnings Outlook For Streamline Health Solns

Streamline Health Solns (NASDAQ:STRM) is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement. Analysts estimate that Streamline Health Solns will likely report an Earnings Per Share (EPS) of $-0.04.

STRM