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Webster Financial (WBS) Tops Q2 Earnings and Revenue Estimates

Webster Financial (WBS) came out with quarterly earnings of 1.52pershare,beatingtheZacksConsensusEstimateof1.52 per share, beating the Zacks Consensus Estimate of 1.41 per share. This compares to earnings of 1.26pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+7.801.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +7.80%. A quarter ago, it was expected that this holding company for Webster Bank would post earnings of 1.38 per share when it actually produced earnings of $1.3, delivering a surprise of -5.8%.Over the last fou ...