WSFS Financial Corporation (NASDAQ:WSFS) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.46 per share from revenue of $ 107.89 million.
Looking ahead, the full year income are expected at $ 1.86 per share on the revenues of $ 455.76 million.
Previous Quarter Performance
WSFS Financial Corporation posted income for the first quarter of $ 0.23 per share, from the revenue of $ 116.15 million. The quarterly earnings contracted 74.73 percent while revenues improved 50.73 percent compared with the same quarter last year.
Street analysts expected WSFS Financial Corporation to report income of $ 0.69 per share on revenue of $ 110.59 million for the first quarter. The bottom line results missed street analysts by $ 0.46 or 66.67 percent, at the same time, top line results outshined analysts by $ 5.56 million or 5.03 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WSFS was $ 27.38, representing a 53.48 % increase from the 52 week low of $ 17.84 and a 40.54 % decrease over the 52 week high of $ 46.05.
The company has a market capital of $ 1.39 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Stock Dividend Announcement
On April 27, 2020, the board of directors authorized quarterly dividend of $ 0.12 per share to holders of record as of the close of business on May 8, 2020, with payment date of May 22, 2020 and ex-dividend date on May 7, 2020.
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. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit.
