Webster Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Viewpoint - Webster Financial Corporation is set to release its fourth-quarter earnings results on January 23, with expectations of increased earnings and revenue compared to the previous year [1]. Earnings Expectations - Analysts predict quarterly earnings of $1.53 per share, an increase from $1.43 per share in the same period last year [1]. - The consensus estimate for quarterly revenue is $731.66 million, up from $660.98 million a year earlier [1]. Stock Performance - Webster Financial shares rose by 0.5% to close at $66.22 [2]. Analyst Ratings - TD Cowen analyst maintained a Buy rating, lowering the price target from $78 to $77 [3]. - Raymond James analyst maintained an Outperform rating, raising the price target from $65 to $73 [3]. - Keefe, Bruyette & Woods analyst maintained an Outperform rating, increasing the price target from $70 to $75 [3]. - Barclays analyst maintained an Overweight rating, raising the price target from $78 to $80 [3]. - Truist Securities analyst maintained a Buy rating, cutting the price target from $69 to $67 [3].