Webster Finl (NYSE:WBS) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Webster Finl beat estimated earnings by 12.73%, reporting an EPS of $1.24 versus an estimate of $1.1.
Revenue was up $170.48 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 1.29% drop in the share price the next day.
Here's a look at Webster Finl's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.08 | 1.08 | 0.99 | 0.92 |
| EPS Actual | 1.31 | 1.08 | 1.21 | 1.25 |
| Revenue Estimate | 228.25M | 231.74M | 220.10M | 230.77M |
| Revenue Actual | 226.78M | 229.69M | 220.85M | 223.76M |
To track all earnings releases for Webster Finl visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
