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

Western New England Bancorp

26/04/2022 22:34

* Western New England Bancorp Inc  WNEB.OQ  reported
quarterly
adjusted earnings of 24 cents​​ per share for the quarter ended
in March. The mean expectation of four analysts for the quarter
was for earnings of 22 cents per share.
    * Revenue rose 3.7% to $18.70 million from a year ago; 
analysts
expected $17.97 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 7.4%
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 3.0%
this
quarter and lost 1.0% so far this year.
    * The company reported quarterly net income of $5.32
million.
    * Wall Street's median 12-month price target for Western New
England Bancorp Inc is $11.00 
    * 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 April 26 at 09:34 p.m.  ​All
figures in US dollars unless otherwise stated