WesBanco Inc expected to post earnings of 55 cents a share - Earnings Preview

Wesbanco

19/04/2024 22:57

* WesBanco Inc  WSBC.OQ   WSBC.O  is expected to show a fall
in
quarterly revenue when it reports  results on April 23 for the
period ending March 31 2024
    * The Wheeling West Virginia-based  company is expected to
report
a 7.0% decrease in revenue to $116.83 million from $125.61
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for WesBanco 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 3 "strong buy" or "buy," 5
"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 WesBanco
Inc is
$31.50​, above​ its last closing price of $27.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.56        0.56       0.55      Missed  -1.6
 Sep. 30 2023  0.60        0.59       0.59      Met     -0.4
 Jun. 30 2023  0.66        0.67       0.71      Beat    6.8​
 Mar. 31 2023  0.77        0.77       0.71      Missed  -7.5
 ​​Dec.        0.82        0.83       0.84      Beat    1.7
 31 2022                                                
 Sep. 30 2022  0.74        0.74       0.85      Beat    15.2​
 Jun. 30 2022  0.70        0.68       0.67      Missed  -1.3
 Mar. 31 2022  0.63        0.63       0.70      Beat    11.3
 This summary was machine generated April 19 at 21:57 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)