WSFS Stock Recent News

WSFS Financial Corporation (NASDAQ:WSFS ) Q1 2024 Earnings Conference Call April 26, 2024 1:00 PM ET Company Participants Art Bacci - Chief Wealth Officer & Interim Chief Financial Officer Rodger Levenson - Chairman, President & Chief Executive Officer Steve Clark - Chief Commercial Banking Officer Shari Kruzinski - Chief Consumer Banking Officer Conference Call Participants Russell Gunther - Stephens Frank Schiraldi - Piper Sandler Feddie Strickland - Janney Manuel Navas - D.A. Davidson Kelly Motta - KBW Operator Thank you for standing by, and welcome to the WSFS Financial Corporation First Quarter Earnings Conference Call.

Although the revenue and EPS for WSFS (WSFS) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

WSFS (WSFS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

WSFS Financial Corporation (WSFS) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for WSFS (WSFS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

WSFS Financial (WSFS) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.38 per share a year ago.

Evaluate the expected performance of WSFS (WSFS) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Thursday, January 25, 2024. Management will conduct a conference call to review this information at 1:00 p.m. Eastern Time (ET) on Friday, January 26, 2024. Interested parties can register in advance here or access the conference call live at investors.wsfsbank.com. Earnings release and supplemental mate.

WSFS (WSFS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Bank stocks are on a roll in November on investor optimism about no further rate hikes, with United Bankshares (UBSI), Wintrust Financial (WTFC), First BanCorp. (FBP), TowneBank (TOWN) and WSFS Financial (WSFS) outperforming the S&P 500 index.