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

Washington Trust Bancorp

25/04/2022 14:59

* Washington Trust Bancorp Inc  WASH.OQ  reported quarterly
adjusted earnings of 94 cents​​ per share for the quarter ended
in March. The mean expectation of five analysts for the quarter
was for earnings of 92 cents per share.
    * Revenue rose 6.8% to $35.09 million from a year ago; 
analysts
expected $34.96 million. 
    * Washington Trust Bancorp Inc's reported EPS for the
quarter was
94 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Washington Trust Bancorp Inc shares had fallen by 5.4%
this
quarter and lost 11.9% so far this year.
    * The company reported quarterly net income of $16.43
million.
    * Wall Street's median 12-month price target for Washington
Trust
Bancorp Inc is $59.00 
    * 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." 

This summary was machine generated April 25 at 01:59 p.m.  ​All
figures in US dollars unless otherwise stated