Thu, Sep 18, 2014, 1:50 PM EDT - U.S. Markets close in 2 hrs 10 mins


% | $
Quotes you view appear here for quick access.

Webster Financial Corp. Message Board

  • phoneguyindia phoneguyindia Apr 16, 2012 3:36 PM Flag

    Anyone guessing on earnings

    Anyone venduring to guess whether WBS meets or exceeds analyst expectations tomorrow?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • To be honest, I don't know how their earnings will fare against analyst estimates. Trying to guess that is mere gambling if you ask me.

      However, WBS fundamentals are very strong. Their credit quality is good. Regional banks in general have outperformed the behemoths in the last year because of their much higher quality capital structure aka significantly less exposure to toxic subprime mortgages and European sovereign debt.

      Therefore, I'm holding my position into earnings, which is something I rarely do. I tend to downsize before earnings release dates on my stocks because of the unpredictability that usually comes with the horde of day traders that descend on Earnings Day. In this case, however, I see very little downside risk. WBS management operates very conservatively, which practically ensures any surprise will be a good one.

30.62+0.54(+1.80%)1:47 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.