Compared to Estimates, Washington Trust (WASH) Q4 Earnings: A Look at Key Metrics

Washington Trust Bancorp (WASH) reported $48.98 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 6.6%. EPS of $0.59 for the same period compares to $0.76 a year ago.The reported revenue represents a surprise of +1.29% over the Zacks Consensus Estimate of $48.36 million. With the consensus EPS estimate being $0.58, the EPS surprise was +1.72%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Washington Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 2% versus 1.9% estimated by two analysts on average. Total noninterest income: $16.04 million compared to the $16.57 million average estimate based on two analysts. Net Interest Income: $32.94 million versus the two-analyst average estimate of $31.98 million. View all Key Company Metrics for Washington Trust here>>>Shares of Washington Trust have returned +3.2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Washington Trust Bancorp, Inc. (WASH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks