Wesbanco Q3 Adj $0.56 Beats $0.51 Estimate, Sales $121.14M Beat $120.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wesbanco (NASDAQ:WSBC) reported Q3 earnings of $0.56 per share, beating estimates by 9.8%, despite a 5.08% decrease from last year. Sales were $121.14M, surpassing expectations by 0.33% and increasing 2.94% from the previous year.
October 23, 2024 | 8:29 pm
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Wesbanco's Q3 earnings per share of $0.56 exceeded analyst expectations by 9.8%, although they were down 5.08% from last year. Sales also beat estimates, showing a 2.94% increase from the previous year.
Wesbanco's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the decrease in earnings per share compared to last year may temper investor enthusiasm.
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IMPORTANCE 80
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