WSFS Financial (WSFS) Q1 Earnings Top Estimates

Core Viewpoint - WSFS Financial reported quarterly earnings of $1.13 per share, exceeding the Zacks Consensus Estimate of$ 1.04 per share, and showing a slight increase from $1.11 per share a year ago, indicating an earnings surprise of 8.65% [1][2] Financial Performance - The company posted revenues of$ 256.11 million for the quarter ended March 2025, which was 1.76% below the Zacks Consensus Estimate, compared to $251.14 million in the same quarter last year [2] - Over the last four quarters, WSFS has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - WSFS shares have declined approximately 3.6% since the beginning of the year, while the S&P 500 has seen a decline of 8.6% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.10 on revenues of $267.46 million, and for the current fiscal year, it is$ 4.48 on revenues of $1.07 billion [7] - The estimate revisions trend for WSFS is favorable ahead of the earnings release, which may influence future stock movements [6][7] Industry Context - The Financial - Savings and Loan industry, to which WSFS belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]