Investors Are Eagerly Waiting For Bankwell Financial Group ($BWFG) Q3 2024 Earnings

16

Get ready to mark your calendars because the much anticipated third quarter financial results of Bankwell Financial Group (NASDAQ: BWFG) are set to be unveiled on Monday 28th October 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.

According to predictions from financial analysts on Wall Street, the enterprise is expected to report an estimated per share $0.08 loss for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $22.17 million during this period.

The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $88.53 million. They also believe the company will reach about profit of $1.19 per share for the fiscal year.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $1.25. This notable figure was attributed to the company's total revenue, which settled at an impressive $23.48 million during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.14 -86.3% 21.90 M -13.7%
Q1 2024 $0.48 -63.9% 22.06 M -18.5%
Q4 2023 $1.09 +4.8% 23.37 M -14.5%
Q3 2023 $1.25 +5.9% 23.48 M -6.1%
Q2 2023 $1.02 -34.2% 25.39 M +1.7%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 29th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.

Bankwell Financial Group (BWFG) closed Thursday's regular trading session at $28.71, showing a 0.42 percent rise, with a volume of 6.00 thousand shares.