Webster Financial (WBS) Lags Q3 Earnings and Revenue Estimates

Webster Financial (WBS) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.55 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -0.74%. A quarter ago, it was expected that this holding company for Webster Bank would post earnings of $1.34 per share when it actually produced earnings of $1.26, delivering a surprise of -5.97%. Over the last ...