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

Western New England Bancorp

24/01/2023 21:55

* Western New England Bancorp Inc  WNEB.OQ  reported
quarterly
adjusted earnings of 42 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of 29 cents per share.
    * Revenue rose 12.2% to $20.85 million from a year ago;
analysts
expected $20.76 million. 
    * Western New England Bancorp Inc's reported EPS for the
quarter
was 42 cents​.
    * The mean earnings estimate of analysts was unchanged 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 risen by 0.3%
this
quarter.
    * The company reported quarterly net income of $9.03
million.
    * Wall Street's median 12-month price target for Western New
England Bancorp Inc is $10.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
24 at 09:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.29           0.42           Beat
 Sep. 30 2022      0.27           0.28           Beat
 Jun. 30 2022      0.25           0.25           Met
 Mar. 31 2022      0.22           0.24           Beat