Washington Trust Bancorp (NASDAQ: WASH) has announced that it will be releasing its financial results for the third quarter of 2024 on Monday 21st October 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
In accordance with the forecasts of financial specialists on Wall Street, the concern is primed to announce an anticipated $0.56 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $31.63 million for this particular period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.65. This notable figure was attributed to the company's total revenue, which settled at an impressive $33.75 million during that specific quarter.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $126.39 million. Additionally, they anticipate the earnings per share to reach profit of $2.33 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.63 | -4.5% | 31.59 M | -5.7% |
| Q1 2024 | $0.64 | -13.5% | 31.67 M | -14.9% |
| Q4 2023 | $0.76 | -20.0% | 32.65 M | -21.0% |
| Q3 2023 | $0.65 | -39.8% | 33.75 M | -19.7% |
| Q2 2023 | $0.66 | -42.1% | 33.50 M | -10.7% |
| *Growth on year-over-year basis | ||||
WASH will host a conference call with investment community on 22nd October 2024 at 08:30 AM eastern time to discuss the financial results.
Washington Trust Bancorp (WASH) closed Thursday's regular trading session at $33.70, showing a 0.18 percent rise. During the day, WASH shares traded between $33.27 and $33.84, with a day volume of 50.30 thousand shares.
