Washington Trust Bancorp Inc expected to post earnings of $1.09 a share - Earnings Preview

Washington Trust Bancorp

23/01/2023 21:53

* Washington Trust Bancorp Inc  WASH.OQ   WASH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
January 25. 
    * The Westerly Rhode Island-based  company is expected to
report 
a 17.5% increase in revenue to $44.339 million from $37.74
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Washington Trust
Bancorp
Inc is for earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $52​, above​ its last closing price of $47.24.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.02        1.00       1.08      Beat    7.8
 Jun. 30 2022  0.90        0.91       1.14      Beat    25.5
 Mar. 31 2022  0.92        0.92       0.94      Beat    2.4​
 Dec. 31 2021  0.99        0.98       1.27      Beat    29.9
 ​​Sep.        0.92        0.93       1.07      Beat    15.6
 30 2021                                                
 Jun. 30 2021  1.09        1.07       1.00      Missed  -6.7​
 Mar. 31 2021  1.05        1.04       1.32      Beat    26.4
 Dec. 31 2020  0.97        0.97       1.13      Beat    16.9
 This summary was machine generated January 23 at 21:53 GMT.  All
figures in US dollars  unless otherwise stated