Western New England Bancorp (WNEB) delivered earnings and revenue surprises of 14.29% and -1.88%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
WESTFIELD, Mass., July 27, 2021 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and six months ended June 30, 2021. For the three months ended June 30, 2021, the Company reported net income of $5.7 million, or $0.24 per diluted share, compared to net income of $2.0 million, or $0.08 per diluted share, for the three months ended J
Western New England Bancorp (WNEB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.