Bankwell Financial Group Inc reports results for the quarter ended in June - Earnings Summary

Bankwell Financial

27/07/2022 23:49

* Bankwell Financial Group Inc  BWFG.OQ  reported quarterly
adjusted earnings of $1.55​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for earnings of $1.03 per share.
    * Revenue rose 38.6% to $24.98 million from a year ago;
analysts
expected $21.82 million. 
    * Bankwell Financial Group Inc's reported EPS for the
quarter was
$1.55​.
    * The mean earnings estimate of analysts had risen by
about 12.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Bankwell Financial Group Inc shares had risen by 2.8% this
quarter and lost 2.8% so far this year.
    * The company reported quarterly net income of $12.02
million.
    * Wall Street's median 12-month price target for Bankwell
Financial Group Inc is $39.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 10:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.03           1.55           Beat
 Mar. 31 2022      0.91           1.04           Beat
 Dec. 31 2021      0.87           0.99           Beat
 Sep. 30 2021      0.82           0.87           Beat