A Peek at Washington Trust Bancorp's Future Earnings

Benzinga · 10/18 15:03

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%

eps graph

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.