WSFS Financial Q3 2024 GAAP EPS $1.08 Beats $1.05 Estimate, Sales $177.500M Beat $176.591M Estimate
Portfolio Pulse from Benzinga Newsdesk
WSFS Financial reported Q3 2024 earnings per share of $1.08, surpassing the analyst estimate of $1.05. The company's sales were $177.5 million, also beating the estimate of $176.591 million, despite a 2.79% decrease from the previous year.
October 24, 2024 | 8:09 pm
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WSFS Financial's Q3 2024 earnings per share of $1.08 exceeded expectations, as did their sales of $177.5 million. However, sales decreased by 2.79% compared to the same period last year.
WSFS Financial's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year sales decline may temper investor enthusiasm. Overall, the earnings beat is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100