Webster Financial (WBS) Q3 Earnings and Revenues Surpass Estimates

Core Insights - Webster Financial (WBS) reported quarterly earnings of $1.54 per share, exceeding the Zacks Consensus Estimate of $1.52 per share, and up from $1.34 per share a year ago, representing an earnings surprise of +1.32% [1] - The company posted revenues of $732.57 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.06%, compared to year-ago revenues of $647.62 million [2] - The stock has underperformed the market, losing about 2% since the beginning of the year, while the S&P 500 gained 12.7% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $1.55 on revenues of $732.01 million, and for the current fiscal year, it is $5.87 on revenues of $2.88 billion [7] - The estimate revisions trend for Webster Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 28% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]