WesBanco Inc expected to post earnings of 56 cents a share - Earnings Preview

Wesbanco

19/01/2024 21:28

* WesBanco Inc  WSBC.OQ   WSBC.O  is expected to show a fall
in
quarterly revenue when it reports  results on January 23 for the
period ending December 31 2023
    * The Wheeling West Virginia-based  company is expected to
report
a 11.0% decrease in revenue to $116.773 million from $131.16
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (SAL represents Net interest
Income (FTE))
    * ​LSEG's mean analyst estimate for WesBanco Inc is for
earnings
of 56 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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
$30.00​, above​ its last closing price of $28.88. ​​​

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 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. 31 2022  0.82        0.83       0.84      Beat    1.7
 ​​Sep.        0.74        0.74       0.85      Beat    15.2
 30 2022                                                
 Jun. 30 2022  0.70        0.68       0.67      Missed  -1.3​
 Mar. 31 2022  0.63        0.63       0.70      Beat    11.3
 Dec. 31 2021  0.71        0.71       0.82      Beat    15.1
 This summary was machine generated January 19 at 21:28 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)