WesBanco Inc reports results for the quarter ended December 31 - Earnings Summary

Wesbanco

22/01/2025 22:01

* WesBanco Inc  WSBC.OQ  reported quarterly adjusted
earnings of
71 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 55 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 55 cents per share. Wall Street
expected results to range from 49 cents to 57 cents per share.
    * Revenue rose 7.3% to $127.69 million from a year ago;
analysts
expected $124.37 million. 
    * WesBanco Inc's reported EPS for the quarter was 70 cents​.
    * The company reported quarterly net income of $47.1
million.
    * WesBanco Inc shares had fallen by 1.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for WesBanco Inc is
$40.00 
This summary was machine generated from LSEG data January 22 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.55           0.71           Beat
 Sep. 30 2024      0.51           0.54           Beat
 Jun. 30 2024      0.53           0.49           Missed
 Mar. 31 2024      0.55           0.56           Beat