Washington Federal (WAFD) Q1 Earnings Lag Estimates

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Washington Federal (WAFD) Q1 Earnings Lag Estimates

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Washington Federal (WAFD) got here out with quarterly earnings of $0.58 per share, lacking the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.65 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

This quarterly report represents an earnings shock of -3.33%. 1 / 4 in the past, it was anticipated that this holding firm for Washington Federal Financial savings Financial institution would publish earnings of $0.66 per share when it truly produced earnings of $0.66, delivering no shock.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.

Washington Federal, which belongs to the Zacks Banks – Northeast trade, posted revenues of $166.06 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 22.72%. This compares to year-ago revenues of $138.16 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.



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