Webster Financial beat Q4 earnings estimates but missed revenue targets, maintaining a 2.76% dividend yield.
Webster Financial reported Q4 earnings of $1.01 per share, adjusting to $1.43 after special items, beating analysts' estimates of $1.35. Revenue was $661 million, missing expectations of $687.53 million. The company has a dividend yield of 2.76% and insiders have recently sold shares valued at $2.1 million. Analysts rate the stock as a "Moderate Buy" with a target price of $61.58.
2 months ago
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