Wintrust Financial Corp. (WTFC) Set to Announce Quarterly Earnings on Tuesday
Wintrust Financial Corp. (NASDAQ:WTFC) is scheduled to announce its Q114 earnings results on Tuesday, April 15th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $190.26 million for the quarter.
Wintrust Financial Corp. (NASDAQ:WTFC) last released its earnings data on Wednesday, January 22nd. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.01. The company had revenue of $188.67 million for the quarter, compared to the consensus estimate of $196.07 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. On average, analysts expect Wintrust Financial Corp. to post $2.87 EPS for the current fiscal year and $3.18 EPS for the next fiscal year.
Wintrust Financial Corp. (NASDAQ:WTFC) opened at 45.76 on Monday. Wintrust Financial Corp. has a 52 week low of $34.63 and a 52 week high of $49.99. The stock’s 50-day moving average is $47.35 and its 200-day moving average is $45.11. The company has a market cap of $2.114 billion and a P/E ratio of 16.62.
WTFC has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Wintrust Financial Corp. from an “outperform” rating to a “neutral” rating in a research note on Friday. They now have a $53.30 price target on the stock. On a related note, analysts at UBS AG raised their price target on shares of Wintrust Financial Corp. from $52.75 to $56.00 in a research note on Tuesday, April 8th. They now have a “buy” rating on the stock. Finally, analysts at SunTrust initiated coverage on shares of Wintrust Financial Corp. in a research note on Monday, March 31st. They set a “neutral” rating and a $51.00 price target on the stock. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $49.04.
Wintrust Financial Corporation is a financial holding company. It provides personal and commercial banking services to customers located in the Chicago and in southeastern Wisconsin through its 15 wholly owned banking subsidiaries, as well as origination and purchase of residential mortgages for sale into the secondary market through Wintrust Mortgage, a division of Barrington Bank and Trust Company, N.
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