The highly anticipated financial results for the third quarter of Webster Financial Corporation (NYSE: WBS) are scheduled to be disclosed on Thursday 17th October 2024. This important update will be made available before market open, providing investors and market participants with key information regarding the company's financial status.
In accordance with the predictions of financial analysts on Wall Street, the enterprise is on track to report an expected per share of $1.35 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $595.17 million for this quarter.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.55. This figure was a result of the company's total revenue, which reached an impressive $587.14 million million during that specific period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $2.36 billion. Additionally, they predict that the earnings per share for the company will hit profit of $5.29 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.26 | -16.0% | 572.30 M | -2.0% |
| Q1 2024 | $1.35 | -9.4% | 567.74 M | -4.6% |
| Q4 2023 | $1.46 | -8.8% | 571.02 M | -5.2% |
| Q3 2023 | $1.55 | +6.2% | 587.14 M | +6.6% |
| Q2 2023 | $1.50 | +16.3% | 583.83 M | +20.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 17th October 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
Webster Financial Corporation (WBS) closed Wednesday's regular trading session at $48.62, demonstrating a 0.63 percent fall. During the day, WBS shares traded between $48.30 and $49.95, with a day volume of 3.12 million shares.
