Benzinga | Oct 21, 2021 12:12PM EDT

Recap: Webster Financial Q3 Earnings



Webster Financial (NYSE:WBS) reported its Q3 earnings results on Thursday, October 21, 2021 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Webster Financial missed their estimated earnings by 0.0%, which did not surprise analysts.

Revenue was up $10,435,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22, which was followed by a 1.16% increase in the share price the next day.

Here's a look at Webster Financial's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.99 0.92 0.71 0.67EPS Actual 1.21 1.25 0.99 0.75Revenue Estimate 220.10M 230.77M 228.36M 235.84MRevenue Actual 220.85M 223.76M 216.93M 219.26M

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