Western New England Bancorp Inc expected to post earnings of 19 cents a share - Earnings Preview

Western New England Bancorp

23/07/2021 12:17

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is expected
to show a rise in quarterly revenue when it reports results on
July 26 (estimated). 
* The Westfield, Massachusetts-based company is expected to
report   a 16.0% increase in revenue to $17.514 million from
$15.09 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Western New England
Bancorp Inc is for earnings of 19 cents per share. For the same
quarter last year, the company reported earnings of 8 cents per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 Western New
England Bancorp Inc is $10​, about 19.9% above​ its last closing
price of $8.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.16        0.17       0.21      Beat    25.4
 Dec. 31 2020  0.09        0.09       0.23      Beat    146.4
 Sep. 30 2020  0.10        0.10       0.16      Beat    60​
 Jun. 30 2020  0.06        0.05       0.08      Beat    52.4
 Mar.          0.11​       0.12       0.08      Missed  -32.2​
 31​ 2020​                                              
 Dec. 31 2019  0.13        0.13       0.13      Met     -1​
 Sep. 30 2019  0.14        0.13       0.12      Missed  -7.7
 Jun. 30 2019  0.12        0.13       0.12      Missed  -4
 This summary was machine generated July 23 at 11:17 GMT.  All
figures in US dollars unless otherwise stated