Washington Trust Bancorp (NASDAQ:WASH) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Washington Trust Bancorp to report an earnings per share (EPS) of $0.56.
Investors in Washington Trust Bancorp are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
Last quarter the company beat EPS by $0.14, which was followed by a 5.62% increase in the share price the next day.
Here's a look at Washington Trust Bancorp's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.49 | 0.45 | 0.57 | 0.58 |
| EPS Actual | 0.63 | 0.64 | 0.76 | 0.65 |
| Price Change % | 6.0% | 3.0% | -5.0% | -10.0% |
Market Performance of Washington Trust Bancorp's Stock
Shares of Washington Trust Bancorp were trading at $33.7 as of October 17. Over the last 52-week period, shares are up 34.85%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Washington Trust Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
