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Investing.com - Webster Financial reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Webster Financial announced earnings per share of $1.46 on revenue of $664.60. Analysts polled by Investing.com EPS of $1.39 on revenue of $642.03M.
Webster Financial 's are down 13.06% and is trading at $48.55 , still down 25.31% from its 52 week high of $65.00 set on Wednesday, January 12, 2022.
Webster Financial follows other major Financial sector earnings this month
Webster Financial's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
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