Western New England Bancorp Inc WNEB.OQ WNEB.O is expected to show a fall in quarterly revenue when it reports results on January 29 (estimated) for the period ending December 31 2024
The Westfield Massachusetts-based company is expected to report a 5.7% decrease in revenue to $15.25 million from $16.18 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data. (SAL represents Net Interest Income)
LSEG's mean analyst estimate for Western New England Bancorp Inc is for earnings of 12 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Western New England Bancorp Inc is $9.50, above its last closing price of $8.92.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.10 | 0.10 | 0.09 | Missed | -12.9 |
Jun. 30 2024 | 0.11 | 0.11 | 0.17 | Beat | 50 |
Mar. 31 2024 | 0.12 | 0.12 | 0.14 | Beat | 16.7 |
Dec. 31 2023 | 0.15 | 0.15 | 0.12 | Missed | -17.2 |
Sep. 30 2023 | 0.15 | 0.15 | 0.21 | Beat | 40 |
Jun. 30 2023 | 0.18 | 0.18 | 0.13 | Missed | -26.4 |
Mar. 31 2023 | 0.28 | 0.28 | 0.24 | Missed | -13.3 |
Dec. 31 2022 | 0.29 | 0.29 | 0.42 | Beat | 46.1 |
This summary was machine generated January 27 at 11:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)