Western New England Bancorp Inc expected to post earnings of 24 cents a share - Earnings Preview

Western New England Bancorp

21/01/2022 11:22

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is
expected
to show a fall in quarterly revenue when it reports  results on
January 24 (estimated). 
    * The Westfield Massachusetts-based  company is expected to
report
 a 1.2% decrease in revenue to $18.569 million from $18.8
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 24 cents per share. For the same
quarter last year, the company reported earnings of 23 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 $10.75​, about 18.1% above​ its last
closing price of $8.80. ​​​
    * 

This summary was machine generated January 21 at 11:22 GMT.  All
figures in US dollars  unless otherwise stated