Washington Trust Bancorp Inc expected to post earnings of 91  cents a share - Earnings Preview

Washington Trust Bancorp

23/07/2022 01:53

* Washington Trust Bancorp Inc  WASH.OQ   WASH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 25. 
    * The Westerly Rhode Island-based  company is expected to
report 
a 3.4% increase in revenue to $35.936 million from $34.75
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Washington Trust
Bancorp
Inc is for earnings of 91 cents per share. For the same quarter
last year, the company reported earnings of $1.00 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $57​, above​ its last closing price of $49.72.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.92        0.92       0.94      Beat    2.4
 Dec. 31 2022  0.99        0.98       1.27      Beat    29.9
 Sep. 30 2021  0.92        0.93       1.07      Beat    15.6​
 Jun. 30 2021  1.09        1.07       1.00      Missed  -6.7
 ​​Mar.        1.05        1.04       1.32      Beat    26.4
 31 2021                                                
 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
 This summary was machine generated July 23 at 00:53 GMT.  All
figures in US dollars  unless otherwise stated