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Besides Wall Street's top -and-bottom-line estimates for Webster Financial (WBS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Webster Financial (WBS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation Announces Q3 2024 Earnings Release and Conference Call.
WBS' inorganic growth efforts, rising NII and diversified fee income streams aid top-line growth. Yet, rising costs and high debt levels remain concerns.
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Lowers Prime Lending Rate to 8.00 Percent.
Webster Financial (WBS) reported earnings 30 days ago. What's next for the stock?
Webster Financial's (WBS) second-quarter 2024 results are affected by a decline in NII and non-interest income.
Webster Financial Corporation (NYSE:WBS ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Emlen Harmon - Director, IR John Ciulla - CEO Glenn MacInnes - CFO Conference Call Participants Matthew Breese - Stephens Christopher McGratty - KBW Mark Fitzgibbon - Piper Sandler Steven Alexopoulos - JP Morgan Jared Shaw - Barclays. Manan Gosalia - Morgan Stanley Casey Haire - Jefferies Daniel Tamayo - Raymond James Bernard Von Gizycki - Deutsche Bank Timur Braziler - Wells Fargo Securities Laurie Hunsicker - Seaport Research Partners Operator Good morning.
Although the revenue and EPS for Webster Financial (WBS) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Webster Financial (WBS) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.50 per share a year ago.