A Preview Of Webster Finl's Earnings
Portfolio Pulse from Benzinga Insights
Webster Financial Corporation (NYSE:WBS) is scheduled to release its quarterly earnings report on January 23, 2024. Analysts predict an EPS of $1.46. Investors are looking for an earnings beat and positive guidance for future growth. Historically, WBS's stock price has shown varied reactions to past earnings performances, with a 4.83% drop after the last report despite an EPS beat. Shares are currently trading at $50.32, with a 7.25% increase over the last 52 weeks.
January 22, 2024 | 2:01 pm
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NEUTRAL IMPACT
Webster Financial is expected to report an EPS of $1.46 in its upcoming earnings. Past earnings have led to mixed stock price reactions, but long-term shareholders remain bullish.
The expected EPS of $1.46 sets a benchmark for investors, but the historical stock price reaction to earnings reports has been mixed, indicating uncertainty in short-term impact. Long-term bullish sentiment may mitigate negative reactions if earnings meet or exceed expectations. However, given the past drop in share price despite an EPS beat, the short-term impact is uncertain, hence a neutral score.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100