Western New England Bancorp Inc expected to post earnings of 25  cents a share - Earnings Preview

Western New England Bancorp

22/07/2022 13:03

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
July 25 (estimated). 
    * The Westfield Massachusetts-based  company is expected to
report
 a 6.3% increase in revenue to $18.928 million from $17.8
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Western New England
Bancorp Inc is for earnings of 25 cents per share. For the same
quarter last year, the company reported earnings of 24 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 $7.73. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.22        0.22       0.24      Beat    10.3
 Dec. 31 2022  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.        0.16        0.17       0.21      Beat    25.4
 31 2021                                                
 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
 This summary was machine generated July 22 at 12:03 GMT.  All
figures in US dollars  unless otherwise stated