Washington Trust Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Washington Trust Bancorp

25/01/2023 22:02

* Washington Trust Bancorp Inc  WASH.OQ  reported quarterly
adjusted earnings of 95 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of $1.09 per share.
    * Revenue rose 9.5% to $41.34 million from a year ago;
analysts
expected $44.34 million. 
    * Washington Trust Bancorp Inc's reported EPS for the
quarter was
95 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Washington Trust Bancorp Inc shares had risen by 0.4% this
quarter.
    * The company reported quarterly net income of $16.54
million.
    * Wall Street's median 12-month price target for Washington
Trust
Bancorp Inc is $52.00 
    * 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." 

This summary was machine generated from Refinitiv data January
25 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.09           0.95           Missed
 Sep. 30 2022      1.00           1.08           Beat
 Jun. 30 2022      0.91           1.14           Beat
 Mar. 31 2022      0.92           0.94           Beat