Washington Trust Bancorp Inc expected to post earnings of $1.07 a share - Earnings Preview

Washington Trust Bancorp

19/07/2021 21:30

* Washington Trust Bancorp Inc  WASH.OQ   WASH.O  is expected
to show a rise in quarterly revenue when it reports results on
July 21 .
* The Westerly, Rhode Island-based company is expected to report
  a 7.3% increase in revenue to $33.199 million from $30.95
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Washington Trust
Bancorp Inc is for earnings of $1.07 per share. For the same
quarter last year, the company reported earnings of $1.21 per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Washington
Trust Bancorp Inc is $57.5​, about 11.5% above​ its last closing
price of $50.86. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.05        1.04       1.32      Beat    26.4
 Dec. 31 2020  0.97        0.97       1.13      Beat    16.9
 Sep. 30 2020  1.03        1.04       1.06      Beat    2.1​
 Jun. 30 2020  0.62        0.63       1.21      Beat    90.9
 Mar.          0.75​       0.80       0.68      Missed  -15.2​
 31​ 2020​                                              
 Dec. 31 2019  0.96        0.96       0.89      Missed  -7.6​
 Sep. 30 2019  0.96        0.96       1.08      Beat    12.7
 Jun. 30 2019  1.02        1.02       0.99      Missed  -2.6
 This summary was machine generated July 19 at 20:30 GMT.  All
figures in US dollars unless otherwise stated