WSFS Financial (WSFS) Expected to Announce Earnings on Monday

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

WSFS Financial (NASDAQ:WSFS) last released its quarterly earnings results on Thursday, October 24th. The bank reported $1.08 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $260.35 million. During the same quarter in the previous year, the company earned $1.23 EPS. The business’s quarterly revenue 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 Price Performance

WSFS stock opened at $53.84 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.86 and a quick ratio of 0.86. WSFS Financial has a one year low of $40.19 and a one year high of $62.75. The stock has a market cap of $3.17 billion, a PE ratio of 12.29 and a beta of 1.08. The firm has a 50 day simple moving average of $55.81 and a two-hundred day simple moving average of $53.42.

Analysts Set New Price Targets

A number of research firms recently commented on WSFS. 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 set a $54.00 price objective (down 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 assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus 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.