Washington Trust Bancorp Inc expected to post earnings of 55 cents a share - Earnings Preview

Washington Trust Bancorp

27/01/2025 21:03

* Washington Trust Bancorp Inc  WASH.OQ   WASH.O  is
expected
to show a fall in quarterly revenue when it reports  results on
January 29 for the period ending December 31 2024
    * The Westerly Rhode Island-based  company is expected to
report a
4.2% decrease in revenue to $31.295 million from $32.65 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for Washington Trust Bancorp
Inc
is for earnings of 55 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 $36.50​, above​ its last closing price of $32.47.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.55        0.56       0.64      Beat    15
 Jun. 30 2024  0.50        0.49       0.63      Beat    27.7
 Mar. 31 2024  0.45        0.45       0.64      Beat    41.4​
 Dec. 31 2023  0.57        0.57       0.76      Beat    34.1
 ​​Sep.        0.57        0.58       0.65      Beat    11.4
 30 2023                                                
 Jun. 30 2023  0.62        0.63       0.66      Beat    5.5​
 Mar. 31 2023  0.90        0.90       0.74      Missed  -17.8
 Dec. 31 2022  1.10        1.09       0.95      Missed  -12.9
 This summary was machine generated January 27 at 21:03 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)