WSFS Financial (WSFS) Expected to Announce Quarterly Earnings on Monday

WSFS Financial (NASDAQ:WSFS) is expected to release its earnings data 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

WSFS Financial (NASDAQ:WSFS) last announced its quarterly earnings data on Thursday, October 24th. The bank reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.02. WSFS Financial had a return on equity of 10.56% and a net margin of 18.78%. The firm had revenue of $267.61 million during the quarter, compared to the consensus estimate of $260.35 million. During the same period in the prior year, the business earned $1.23 EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. 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

Shares of NASDAQ:WSFS opened at $53.84 on Friday. The business has a fifty day simple moving average of $55.81 and a 200 day simple moving average of $53.47. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.40. WSFS Financial has a 1 year low of $40.19 and a 1 year high of $62.75. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of 12.29 and a beta of 1.08.

Analysts Set New Price Targets

WSFS has been the subject of a number of research analyst reports. Janney Montgomery Scott reissued a “neutral” rating on shares of WSFS Financial in a research report on Monday, October 28th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $54.00 target price (down previously from $58.00) on shares of WSFS Financial in a research note on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus 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.