Why Is Webster Financial (WBS) Down 2.7% Since Last Earnings Report? [Yahoo! Finance]
Webster Financial Corporation (WBS)
Last webster financial corporation earnings: 4/21 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
webster.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Webster Financial due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Webster Financial's Q2 Earnings Miss Estimates Webster Financials' adjusted quarterly earnings per share of $1.26 missed Zacks Consensus Estimate of $1.34. This compares unfavorably with earnings of $1.50 reported a year ago. Results were affected by a fall in net interest income (NII) and non-interest income. However, lower expenses and an increase in deposits offer some support. Net income applicable to common shareholders (GAAP basis) was $177.5 million, down 23.1% from the prior-year quarter's tally. Revenues & Expenses Decline The company's total revenues in the quarter dropped 8.7% year over year to $614.6 million. The top line lagged the Zacks Consensus Est
Show less
Read more
Impact Snapshot
Event Time:
WBS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WBS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WBS alerts
High impacting Webster Financial Corporation news events
Weekly update
A roundup of the hottest topics
WBS
News
- Webster Lowers Prime Lending Rate to 8.00 PercentBusiness Wire
- Webster Financial Corporation (WBS): Should You Invest In This Local Bank Stock Now? [Yahoo! Finance]Yahoo! Finance
- Webster Financial's (NYSE:WBS) earnings growth rate lags the 1.2% CAGR delivered to shareholders [Yahoo! Finance]Yahoo! Finance
- Webster Financial Co. (NYSE: WBS) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $57.00 price target on the stock, up previously from $54.00.MarketBeat
- Webster Financial Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
WBS
Earnings
- 7/23/24 - Miss
WBS
Sec Filings
- 9/12/24 - Form 4
- 9/11/24 - Form 144
- 9/10/24 - Form 4
- WBS's page on the SEC website