Washington Trust Bancorp (WASH) Reports Next Week: What Awaits?

Group 1 - Washington Trust Bancorp (WASH) is expected to report flat earnings of $0.63 per share for the quarter ended June 2025, with revenues projected at $53.92 million, reflecting an 11.8% increase year-over-year [3][12] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] - The company currently has a Zacks Rank of 3, suggesting a hold position, which complicates predictions of an earnings beat [12][20] Group 2 - The Earnings ESP for Washington Trust is -10.64%, indicating a bearish sentiment among analysts regarding the company's earnings prospects [12] - In the previous quarter, Washington Trust reported earnings of $0.61 per share, missing the expected $0.62, resulting in a surprise of -1.61% [13] - Over the last four quarters, Washington Trust has beaten consensus EPS estimates three times, showcasing some historical performance strength [14] Group 3 - Citizens Financial Group (CFG), a peer in the Zacks Banks - Northeast industry, is expected to report earnings of $0.88 per share for the same quarter, representing a year-over-year increase of 12.8% [18] - CFG's revenues are projected at $2.01 billion, up 2.2% from the previous year, with a slight upward revision of 0.1% in the consensus EPS estimate over the last 30 days [19] - Citizens Financial Group has an Earnings ESP of +1.55% and a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [20]