WSFS Financial Q1 2024 Adj EPS $1.11 Beats $1.07 Estimate, Sales $175.278M Beat $171.991M Estimate
Portfolio Pulse from Benzinga Newsdesk
WSFS Financial reported Q1 2024 adjusted EPS of $1.11, surpassing the $1.07 estimate, with sales of $175.278M also beating the $171.991M estimate. However, this represents a 3.97% decrease in sales compared to the same period last year.
April 25, 2024 | 8:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
WSFS Financial's Q1 2024 earnings and sales exceeded analyst expectations, with an EPS of $1.11 and sales of $175.278M, outperforming estimates.
Beating both EPS and sales estimates typically generates positive investor sentiment, likely leading to a short-term uptick in WSFS's stock price. However, the year-over-year sales decrease might temper some of the positive momentum.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100