Webster Financial (NYSE:WBS) reported its Q4 earnings results on Thursday, January 20, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Webster Financial beat estimated earnings by 21.3%, reporting an EPS of $1.31 versus an estimate of $1.08, which surprised analysts.
Revenue was up $9.85 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 1.18% increase in the share price the next day.
Here's a look at Webster Financial's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 0.99 | 0.92 | 0.71 |
| EPS Actual | 1.08 | 1.21 | 1.25 | 0.99 |
| Revenue Estimate | 231.74M | 220.10M | 230.77M | 228.36M |
| Revenue Actual | 229.69M | 220.85M | 223.76M | 216.93M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
