WSFS Financial (WSFS) Projected to Post Earnings on Monday

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

WSFS Financial (NASDAQ:WSFS) last issued its earnings results on Thursday, October 24th. The bank reported $1.08 earnings per share (EPS) for the quarter, beating 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 company had revenue of $267.61 million for the quarter, compared to analyst estimates of $260.35 million. During the same quarter last year, the firm earned $1.23 EPS. The company’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 Trading Up 1.3 %

Shares of NASDAQ WSFS opened at $54.12 on Monday. The company’s 50 day simple moving average is $56.20 and its 200 day simple moving average is $53.25. 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 fifty-two week low of $40.19 and a fifty-two week high of $62.75. The firm has a market capitalization of $3.19 billion, a P/E ratio of 12.36 and a beta of 1.08.

Analyst Ratings Changes

A number of equities research analysts recently commented on WSFS shares. Janney Montgomery Scott reaffirmed a “neutral” rating on shares of WSFS Financial in a research note on Monday, October 28th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $54.00 price target (down from $58.00) on shares of WSFS Financial in a research report on Tuesday, October 29th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.