Benzinga | Jan 20, 2022 08:10AM EST

Webster Financial: Q4 Earnings Insights



Webster Financial (NYSE:WBS) reported its Q4 earnings results on Thursday, January 20, 2022 at 07:30 AM.

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

Earnings

Webster Financial beat estimated earnings by 21.3%, reporting an EPS of $1.31 versus an estimate of $1.08, which surprised analysts.

Revenue was up $9.85 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0, which was followed by a 1.18% increase in the share price the next day.

Here's a look at Webster Financial's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.08 0.99 0.92 0.71EPS Actual 1.08 1.21 1.25 0.99Revenue Estimate 231.74M 220.10M 230.77M 228.36MRevenue Actual 229.69M 220.85M 223.76M 216.93M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.