WaFd: Fiscal Q1 Earnings Snapshot
SEATTLE (AP) — SEATTLE (AP) — WaFd, Inc (WAFD) on Thursday reported fiscal first-quarter net income of $64.2 million.
The Seattle-based bank said it had earnings of 79 cents per share. Earnings, adjusted for non-recurring gains, were 75 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
The holding company for Washington Federal Savings Bank posted revenue of $342.8 million in the period. Its revenue net of interest expense was $191.4 million, which also missed Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAFD at https://www.zacks.com/ap/WAFD