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

Bankwell Financial

25/10/2023 22:07

* Bankwell Financial Group Inc  BWFG.OQ  reported quarterly
adjusted earnings of $1.25​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 93 cents per share.
    * Revenue fell 6.1% to $23.48 million from a year ago;
analysts
expected $22.52 million. 
    * Bankwell Financial Group Inc's reported EPS for the
quarter was
$1.25​.
    * The mean earnings estimate of analysts had risen by
about 26.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Bankwell Financial Group Inc shares had fallen by 3.7%
this
quarter and lost 20.6% so far this year.
    * The company reported quarterly net income of $9.78
million.
    * Wall Street's median 12-month price target for Bankwell
Financial Group Inc is $30.00 
    * 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 LSEG Refinitiv data
October 25 at 09:06 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.93           1.25           Beat
 Jun. 30 2023      0.86           1.02           Beat
 Mar. 31 2023      1.01           1.33           Beat
 Dec. 31 2022      1.29           1.04           Missed