Wsfs Financial Corp Reports Results For The Quarter Ended In March: Earnings Summary

WSFS Financial

26/04/2024 24:14

* WSFS Financial Corp  WSFS.OQ  reported quarterly adjusted
earnings of $1.11​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $1.02.  The mean expectation of five analysts
for the quarter was for earnings of $1.07 per share. Wall Street
expected results to range from $1.01  to $1.11 per share.
    * Revenue fell 4% to $175.30 million from a year ago;
analysts
expected $171.99 million. 
    * WSFS Financial Corp's reported EPS for the quarter was
$1.09​.
    * The company reported quarterly net income of $65.8
million.
    * WSFS Financial Corp shares had fallen by 0.1% this
quarter and
lost 1.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for WSFS Financial
Corp is $54.00 
This summary was machine generated from LSEG data April 25 at
11:14 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.07           1.11           Beat
 Dec. 31 2023      1.05           1.15           Beat
 Sep. 30 2023      1.04           1.23           Beat
 Jun. 30 2023      1.10           1.16           Beat