Webster Financial (WBS) Q4 Earnings Top Estimates

Core Viewpoint - Webster Financial (WBS) reported quarterly earnings of $1.43 per share, exceeding the Zacks Consensus Estimate of$ 1.36 per share, but down from $1.46 per share a year ago, indicating a 5.15% earnings surprise [1] Financial Performance - The company posted revenues of$ 660.98 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 3.64%, compared to $634.84 million in the same quarter last year [2] - Over the last four quarters, Webster Financial has surpassed consensus EPS estimates only once and has not beaten consensus revenue estimates during this period [2] Stock Performance - Webster Financial shares have increased approximately 4.9% since the beginning of the year, outperforming the S&P 500's gain of 1% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at$ 1.32 for the coming quarter and $5.71 for the current fiscal year, with revenues expected to be$ 687.16 million and $2.83 billion respectively [7] - The estimate revisions trend for Webster Financial is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Banks - Northeast industry, to which Webster Financial belongs, is currently in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]