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

Bankwell Financial

26/04/2023 23:48

* Bankwell Financial Group Inc  BWFG.OQ  reported quarterly
adjusted earnings of $1.33​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was
for earnings of $1.01 per share.
    * Revenue rose 32.2% to $27.07 million from a year ago;
analysts
expected $22.92 million. 
    * Bankwell Financial Group Inc's reported EPS for the
quarter was
$1.33​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bankwell Financial Group Inc shares had fallen by 7.4%
this
quarter and lost 21.8% so far this year.
    * The company reported quarterly net income of $10.38
million.
    * Wall Street's median 12-month price target for Bankwell
Financial Group Inc is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 10:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.01           1.33           Beat
 Dec. 31 2022      1.29           1.04           Missed
 Sep. 30 2022      1.03           1.18           Beat
 Jun. 30 2022      1.03           1.55           Beat