WSFS Financial (WSFS) Expected to Announce Earnings on Monday

WSFS Financial (NASDAQ:WSFS) is anticipated to post its quarterly earnings results after the market closes on Monday, January 27th. Analysts expect WSFS Financial to post earnings of $0.98 per share and revenue of $263,438.50 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

WSFS Financial (NASDAQ:WSFS) last released its quarterly earnings data on Thursday, October 24th. The bank reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. WSFS Financial had a net margin of 18.78% and a return on equity of 10.56%. The business had revenue of $267.61 million for the quarter, compared to analyst estimates of $260.35 million. During the same period in the previous year, the firm earned $1.23 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. On average, analysts expect WSFS Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

WSFS Financial Stock Up 0.6 %

Shares of NASDAQ WSFS opened at $53.84 on Friday. The firm has a market cap of $3.17 billion, a P/E ratio of 12.29 and a beta of 1.08. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.86 and a current ratio of 0.86. WSFS Financial has a 1 year low of $40.19 and a 1 year high of $62.75. The firm’s 50 day moving average price is $55.81 and its 200 day moving average price is $53.47.

Wall Street Analyst Weigh In

WSFS has been the topic of a number of research analyst reports. Janney Montgomery Scott reiterated a “neutral” rating on shares of WSFS Financial in a report on Monday, October 28th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $54.00 price objective (down previously from $58.00) on shares of WSFS Financial in a research report on Tuesday, October 29th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $59.75.

WSFS Financial Company Profile

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.