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Western New England Bancorp (WNEB) Surpasses Q2 Earnings and Revenue Estimates

Western New England Bancorp (WNEB) came out with quarterly earnings of 0.23pershare,beatingtheZacksConsensusEstimateof0.23 per share, beating the Zacks Consensus Estimate of 0.14 per share. This compares to earnings of 0.17pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+64.290.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +64.29%. A quarter ago, it was expected that this bank holding company would post earnings of 0.12 per share when it actually produced earnings of $0.11, delivering a surprise of -8.33%.Over the last f ...