Western New England Bancorp Inc expected to post earnings of 22 cents a share - Earnings Preview

Western New England Bancorp

22/10/2021 14:15

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is expected
to show a rise in quarterly revenue when it reports results on
October 25 (estimated). 
* The Westfield, Massachusetts-based company is expected to
report  a 11.5% increase in revenue to $17.834 million from
$15.99 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 22 cents per share. For the same
quarter last year, the company reported earnings of 16 cents per
share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "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 11.7% above​ its last closing
price of $8.83. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.19        0.19       0.24      Beat    26.8
 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.          0.06​       0.05       0.08      Beat    52.4​
 30​ 2020​                                              
 Mar. 31 2020  0.11        0.12       0.08      Missed  -32.2​
 Dec. 31 2019  0.13        0.13       0.13      Met     -1
 Sep. 30 2019  0.14        0.13       0.12      Missed  -7.7
 This summary was machine generated October 22 at 13:15 GMT.  All
figures in US dollars unless otherwise stated