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

Wesbanco

26/10/2023 01:08

* WesBanco Inc  WSBC.OQ  reported quarterly adjusted
earnings of
58 cents​​ per share for the quarter ended in September. The
mean expectation of eight analysts for the quarter was
for earnings of 59 cents per share.
    * Revenue rose 6.2% to $133.58 million from a year ago;
analysts
expected $122.47 million. 
    * WesBanco Inc's reported EPS for the quarter was 58 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * WesBanco Inc shares had fallen by 3.7% this quarter and
lost 36.4% so far this year.
    * The company reported quarterly net income of $34.31
million.
    * Wall Street's median 12-month price target for WesBanco
Inc is
$28.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 12:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.59           0.58           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