Although the revenue and EPS for Wintrust (WTFC) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Wintrust Financial (WTFC) came out with quarterly earnings of $2.63 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $1.87 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Wintrust (WTFC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Wintrust (WTFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Wintrust Financial (WTFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Wintrust Financial Corporation (NASDAQ:WTFC ) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Timothy Crane - President and CEO David Dykstra - Vice Chairman and COO Richard Murphy - Vice Chairman and Chief Lending Officer David Stoehr - EVP and CFO Conference Call Participants Jon Arfstrom - RBC Capital Markets David Long - Raymond James Jeff Rulis - D.A. Davidson Chris McGratty - KBW Brandon Ruud - Stephens Jared Shaw - Barclays Nathan Race - Piper Sandler Operator Welcome to Wintrust Financial Corporation's Third Quarter and Year-to-Date 2024 Earnings Conference Call.
The headline numbers for Wintrust (WTFC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Wintrust Financial (WTFC) came out with quarterly earnings of $2.47 per share, missing the Zacks Consensus Estimate of $2.50 per share. This compares to earnings of $2.53 per share a year ago.
Wintrust Financial (WTFC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Beyond analysts' top -and-bottom-line estimates for Wintrust (WTFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Wintrust (WTFC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wintrust Financial's shares have risen 10.5% since March, but lagged behind the S&P 500, but since June 2023, shares are up 52.7%, easily outperforming the S&P 500. Despite a slight decline in net interest margin, deposits, loans, and securities have grown, showcasing strong balance sheet growth and asset quality. Net interest income and non-interest income have increased, though higher expenses have limited net profit growth.