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

Western New England Bancorp

27/10/2021 11:06

* Western New England Bancorp Inc  WNEB.OQ  reported quarterly
adjusted earnings of 24 cents​​ per share for the quarter ended
in September. The mean expectation of four analysts for the
quarter was for earnings of 22 cents per share.
* Revenue rose 17.4% to $18.77 million from a year ago; 
analysts expected $17.83 million. 
* Western New England Bancorp Inc's reported EPS for the quarter
was 27 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 risen by 4.2% this
quarter and gained 29.0% so far this year.
* The company reported quarterly net income of $6.04 million.
* Wall Street's median 12-month price target for Western New
England Bancorp Inc is $10.50 
* 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 October 27 at 10:06 a.m.
 ​All figures in US dollars unless otherwise stated