WaFd Inc reports results for the quarter ended September 30 - Earnings Summary

• WaFd Inc reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of four analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 81 cents to 87 cents per share.

• Revenue rose 7.3% to $182.35 million from a year ago; analysts expected $182.90 million.

• WaFd Inc's reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of $56.34 million.

• WaFd Inc shares had fallen by 3.4% this quarter and lost 9.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."

• Wall Street's median 12-month price target for WaFd Inc is $35.50, about 17% above its last closing price of $29.45

This summary was machine generated from LSEG data October 16 at 12:40 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)