Recap: Wesbanco Q4 Earnings
Portfolio Pulse from Benzinga Insights
Wesbanco (NASDAQ:WSBC) reported Q4 earnings with an EPS of $0.55, missing estimates by 1.79% against the expected $0.56. Revenue declined by $12.12 million compared to the same period last year. Despite missing EPS estimates last quarter, WSBC's share price increased by 2.68% the following day.

January 23, 2024 | 9:20 pm
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Wesbanco reported a slight miss in Q4 earnings with an EPS of $0.55, which was below the estimate of $0.56. Year-over-year revenue also decreased.
The earnings miss and year-over-year revenue decline are likely to negatively impact investor sentiment in the short term. Historically, a miss in earnings can lead to a decrease in stock price, although last quarter's miss was followed by a share price increase, which adds some uncertainty to the prediction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100