Analysts Estimate Webster Financial (WBS) to Report a Decline in Earnings: What to Look Out for

The market expects Webster Financial (WBS) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. Revenues are expected to be $671.91 million, down 0.2% from the year-ago quarter. Estimate revisions ahead of a company's earning ...