Benzinga | Jul 26, 2021 10:47AM EDT

Earnings Outlook For Wesbanco

On Tuesday, July 27, Wesbanco (NASDAQ:WSBC) will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wesbanco EPS is expected to be around $0.75, according to sell-side analysts. Sales will likely be near $118.28 million. Wesbanco reported a per-share profit of $0.07 when it published results during the same quarter last year. Sales in that period totaled $119.01 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 971.43% increase in the company's EPS figure. Revenue would be down 0.62% from the same quarter last year. Wesbanco's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.68 0.61 0.53 0.33EPS Actual 1.06 0.76 0.66 0.07Revenue Estimate 124.21 M 119.69 M 121.60 M 116.96 MRevenue Actual 116.48 M 119.71 M 120.59 M 119.01 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Over the last 52-week period, shares are up 61.69%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Wesbanco is scheduled to hold the call at 10:00:00 ET and can be accessed here.