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Benzinga
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Webster Financial Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. WBS is expected to report Q4 earnings of $1.35 per share. 2. Revenue is projected at $687.53 million, up from last year's $634.84 million. 3. Analysts have mixed ratings, with Barclays raising the price target to $69. 4. Webster recently reduced its prime lending rate to 7.50%. 5. WBS shares closed up 3% at $58.16.

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FAQ

Why Neutral?

Mixed analyst ratings and earnings expectations indicate uncertainty, similar to previous quarterly fluctuations.

How important is it?

Earnings report directly affects stock price, influenced by revenue growth and operational changes.

Why Short Term?

Q4 earnings report could cause immediate stock price movements based on performance, akin to past earnings reactions.

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