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

Western New England Bancorp

27/04/2021 23:19

* Western New England Bancorp Inc  WNEB.OQ  reported quarterly
adjusted earnings of 21 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 17 cents per share.
* Revenue rose 23.9% to $18.03 million from a year ago​; 
analysts expected $17.52 million.
* Western New England Bancorp Inc's reported EPS for the quarter
was 24 cents​.
* The mean earnings estimate of analysts had risen by
about 62.1% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Western New England Bancorp Inc shares had fallen by 6.3% this
quarter and gained 14.7% so far this year.
* The company reported quarterly net income of $5.79 million.
* Wall Street's median 12-month price target for Western New
England Bancorp Inc is $8.75 
* 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 April 27 at 10:19 p.m. GMT.
​All figures in US Dollars.​