WSFS Financial (WSFS) Scheduled to Post Earnings on Thursday

WSFS Financial (NASDAQ:WSFS) is scheduled to post its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect WSFS Financial to post earnings of $1.07 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

WSFS Financial (NASDAQ:WSFS) last announced its quarterly earnings results on Friday, January 26th. The bank reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.07. The company had revenue of $265.33 million during the quarter, compared to analysts’ expectations of $247.56 million. WSFS Financial had a return on equity of 11.96% and a net margin of 21.25%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.38 earnings per share. 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 Stock Performance

Shares of WSFS opened at $43.90 on Tuesday. WSFS Financial has a 52-week low of $29.59 and a 52-week high of $47.97. The stock’s 50-day simple moving average is $42.94 and its 200 day simple moving average is $41.80. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 9.98 and a beta of 1.03.

Insider Activity

In related news, EVP Arthur J. Bacci sold 15,992 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $46.79, for a total transaction of $748,265.68. Following the completion of the transaction, the executive vice president now owns 20,990 shares of the company’s stock, valued at $982,122.10. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.21% of the company’s stock.

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.