Webster Financial: Here’s What Investors Need to Know Before Earnings

Webster Financial (NYSE:WBS) will report earnings before markets open on Friday, July 12th. Webster Financial Corporation is a bank holding company. The Company’s banking subsidiary provides a wide range of financial services to individuals, families, and businesses throughout southern New England and eastern New York State. Webster provides business and consumer banking, mortgage lending, financial planning, trust and investment services, as well as Internet banking.

Here is your Cheat Sheet to Webster Financial Earnings:

Earnings Expectations: Analysts expect earnings of $0.48 per share on revenues of $147.33 million. Currently, the company’s P/E ratio stands at 14.26.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.48 and has not changed. For the current year, the average estimate is a profit of $1.87, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Webster Financial has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 841 932 913 877 886
Diluted EPS ($) -6.42 -2.14 0.60 1.61 1.86

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 221.99 220.70 225.49 218.36
Diluted EPS ($) 0.44 0.48 0.52 0.44

Past Performance:
Webster Financial has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)