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

Western New England Bancorp

22/04/2022 14:14

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is
expected
to show a fall in quarterly revenue when it reports  results on
April 25 (estimated). 
    * The Westfield Massachusetts-based  company is expected to
report
 a 0.3% decrease in revenue to $17.966 million from $18.03
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 21 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 $11​, above​ its last closing price
of $8.96. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.24        0.24       0.24      Met     1.1
 Sep. 30 2021  0.24        0.22       0.24      Beat    10.3
 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.        0.09        0.09       0.23      Beat    146.4
 31 2020                                                
 Sep. 30 2020  0.10        0.10       0.16      Beat    60​
 Jun. 30 2020  0.06        0.05       0.08      Beat    52.4
 Mar. 31 2020  0.11        0.12       0.08      Missed  -32.2
 This summary was machine generated April 22 at 13:12 GMT.  All
figures in US dollars  unless otherwise stated