Washington Trust Bancorp shares are trading lower after the company reported a year-over-year decrease in Q3 EPS results.
Portfolio Pulse from Benzinga Newsdesk
Washington Trust Bancorp reported a year-over-year decrease in Q3 EPS results, leading to a drop in its share price.
October 24, 2023 | 3:20 pm
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NEGATIVE IMPACT
Washington Trust Bancorp's Q3 EPS results have decreased year-over-year, which has negatively impacted its stock price.
Washington Trust Bancorp's lower Q3 EPS results indicate a decrease in profitability, which is a negative signal to investors and can lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100