Western New England Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Western New England Bancorp

25/01/2022 22:55

* Western New England Bancorp Inc  WNEB.OQ  reported
quarterly
adjusted earnings of 24 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue fell 1.1% to $18.58 million from a year ago; 
analysts
expected $18.57 million. 
    * Western New England Bancorp Inc's reported EPS for the
quarter
was 28 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Western New England Bancorp Inc shares had fallen by 1.3%
this
quarter.
    * The company reported quarterly net income of $6.22
million.
    * Wall Street's median 12-month price target for Western New
England Bancorp Inc is $10.75 
    * 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." 

This summary was machine generated January 25 at 10:55 p.m.
 ​All figures in US dollars unless otherwise stated