Webster Financial: Q1 Earnings Insights

 

Shares of Webster Financial WBS moved higher by 0.0% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 220.51% over the past year to $1.25, which beat the estimate of $0.92.

Revenue of $223,764,000 declined by 3.05% year over year, which missed the estimate of $230,770,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $63.81

Company's 52-week low was at $19.76

Price action over last quarter: Up 13.20%

Company Description

Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania.

Posted In: BZI-RecapsEarningsNews