Washington Trust Bancorp (NASDAQ:WASH) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Washington Trust Bancorp beat estimated earnings by 33.33%, reporting an EPS of $0.76 versus an estimate of $0.57.
Revenue was down $8.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 9.58% drop in the share price the next day.
Here’s a look at Washington Trust Bancorp’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.63 | 0.88 | 1.09 |
| EPS Actual | 0.65 | 0.66 | 0.74 | 0.95 |
| Revenue Estimate | 33.60M | 33.79M | 40.27M | 44.34M |
| Revenue Actual | 33.75M | 33.50M | 37.19M | 41.34M |
To track all earnings releases for Washington Trust Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
