Western New England Bancorp Inc expected to post earnings of 27cents a share - Earnings Preview

Western New England Bancorp

21/10/2022 15:17

* Western New England Bancorp Inc  WNEB.OQ   WNEB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
October 24 (estimated). 
    * The Westfield Massachusetts-based  company is expected to
report
 a 6.8% increase in revenue to $20.05 million from $18.77
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Western New England
Bancorp Inc is for earnings of 27 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 $10.5​, above​ its last closing price
of $8.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.25        0.25       0.25      Met     0
 Mar. 31 2022  0.22        0.22       0.24      Beat    10.3
 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.        0.19        0.19       0.24      Beat    26.8
 30 2021                                                
 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
 This summary was machine generated October 21 at 14:17 GMT.  All
figures in US dollars  unless otherwise stated