WesBanco Inc reports results for the quarter ended in June - Earnings Summary

Wesbanco

25/07/2023 23:21

* WesBanco Inc  WSBC.OQ  reported quarterly adjusted
earnings of
71 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 67 cents per share.
    * Revenue rose 9.4% to $122.82 million from a year ago;
analysts
expected $122.89 million. 
    * WesBanco Inc's reported EPS for the quarter was 71 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * WesBanco Inc shares had risen by 10.9% this quarter and
lost 23.2% so far this year.
    * The company reported quarterly net income of $42.35
million.
    * Wall Street's median 12-month price target for WesBanco
Inc is
$30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 10:20 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.67           0.71           Beat
 Mar. 31 2023      0.77           0.71           Missed
 Dec. 31 2022      0.83           0.84           Beat
 Sep. 30 2022      0.74           0.85           Beat