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Webster Finl: Q3 Earnings Insights

Webster Finl (NYSE:WBS) reported its Q3 earnings results on Thursday, October 20, 2022 at 07:30 AM. Here's what investors need to know about the announcement. Earnings Webster Finl beat estimated earnings by 3.55%, reporting an EPS of $1.46 versus an estimate of $1.41.
byBenzinga Insights
October 20, 2022
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Webster Finl (NYSE:WBS) reported its Q3 earnings results on Thursday, October 20, 2022 at 07:30 AM.

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

Earnings

Webster Finl beat estimated earnings by 3.55%, reporting an EPS of $1.46 versus an estimate of $1.41.

Revenue was up $321.31 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.66% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.25 1.10 1.08 1.08
EPS Actual 1.29 1.24 1.31 1.08
Revenue Estimate 485.69M 365.30M 228.25M 231.74M
Revenue Actual 486.66M 394.25M 226.78M 229.69M

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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