Oct. 17 at 5:05 PM
$WAFD earnings miss and loan decline hit shares! 😬
Quarterly EPS of 72 cents fell short of the Zacks Consensus Estimate of 75 cents, with a 1% sequential drop in loans adding pressure. Yet, non-interest income rose 15.8%, and expenses decreased slightly, offering some relief.
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2771404/wafd-stock-falls-as-q4-earnings-miss-estimates-revenues-decline-yy?cid=sm-stocktwits-2-2771404-body-16684&ADID=SYND_STOCKTWITS_TWEET_2_2771404_BODY_16684