Recap: Webster Financial Q2 Earnings
Shares of Webster Financial (NYSE:WBS) rose 0.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were down 45.71% year over year to $0.57, which beat the estimate of $0.51.
Revenue of $224,407,000 declined by 7.19% year over year, which missed the estimate of $230,990,000.
Guidance
Webster Financial hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 23, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/gm455bx6
Technicals
Company's 52-week high was at $54.04
Company's 52-week low was at $18.16
Price action over last quarter: Up 15.27%
Company Overview
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania.
See more from Benzinga
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.