Benzinga | Oct 22, 2020 07:38AM EDT

Webster Financial Q3 EPS $0.75 Beats $0.67 Estimate, Sales $294.30M Beat $235.84M Estimate, Tangible Book Value $27.86/Share

Webster Financial (NYSE:WBS) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.67 by 11.94 percent. This is a 25.74 percent decrease over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $294.30 million which beat the analyst consensus estimate of $235.84 million by 24.79 percent. This is a 22.35 percent increase over sales of $240.54 million the same period last year.