Earnings Preview: Webster Financial (WBS) Q4 Earnings Expected to Decline

Core Viewpoint - Webster Financial (WBS) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ended December 2024 [1][3] Earnings Expectations - The consensus estimate for Webster Financial's quarterly earnings is $1.36 per share, reflecting a year-over-year decrease of 6.9$685.95 million, which is an increase of 8.1% compared to the same quarter last year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.04%, indicating a slight bearish sentiment among analysts [4] - The Most Accurate Estimate for Webster Financial is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.38% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a negative Earnings ESP reading indicates a lower likelihood of an earnings beat, particularly when combined with a Zacks Rank of 3 (Hold) [8][11] - Webster Financial has not been able to exceed consensus EPS estimates in any of the last four quarters, with the last reported quarter showing a surprise of -0.74% [12][13] Industry Comparison - In the Zacks Banks - Northeast industry, Bank OZK (OZK) is expected to report earnings of $1.45 per share, indicating a year-over-year decline of 3.3$408.04 million, which is a slight increase of 0.1% from the previous year [17]