Webster Financial Q3 Earnings: A Closer Look at EPS and Revenue Results
Webster Financial's Earnings Results
Webster Financial's recent earnings announcement provides critical insights into its financial performance for the quarter. The company reported a non-GAAP EPS of $1.26, which missed expectations by $0.08. Additionally, the total revenue of $614.6 million was significantly below forecasts, missing by $60.43 million.
Key Financial Metrics
- Non-GAAP EPS: $1.26 (Missed by $0.08)
- Revenue: $614.6 million (Missed by $60.43 million)
These results indicate that Webster Financial might face challenges ahead in achieving its financial targets. Stakeholders should consider how the bank plans to address these issues and improve its performance moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.