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Washington Trust Bancorp: Q4 Earnings Insights

Author: Benzinga Insights | January 24, 2024 05:15pm

Washington Trust Bancorp (NASDAQ:WASH) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:05 PM.

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

Earnings

Washington Trust Bancorp beat estimated earnings by 33.33%, reporting an EPS of $0.76 versus an estimate of $0.57.

Revenue was down $8.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 9.58% drop in the share price the next day.

Here's a look at Washington Trust Bancorp's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.58 0.63 0.88 1.09
EPS Actual 0.65 0.66 0.74 0.95
Revenue Estimate 33.60M 33.79M 40.27M 44.34M
Revenue Actual 33.75M 33.50M 37.19M 41.34M

To track all earnings releases for Washington Trust Bancorp visit their earnings calendar here.

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

Posted In: WASH

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