West Bancorporation Inc reports results for the quarter ended in December - Earnings Summary

West Bancorporation

25/01/2024 14:31

* West Bancorporation Inc  WTBA.OQ  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 53 cents.  The lone analyst forecast for
the quarter was for earnings of 31 cents per share. 
    * Revenue fell 20.4% to $18.26 million from a year ago;
analysts
expected $18.82 million. 
    * West Bancorporation Inc's reported EPS for the quarter was
27
cents​.
    * The company reported quarterly net income of $4.53
million.
    * West Bancorporation Inc shares had fallen by 3.8% this
quarter.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for West
Bancorporation Inc is $21.00 
This summary was machine generated from LSEG data January 25 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.31           0.29           Missed
                                  0.35           
 Jun. 30 2023      0.32           0.35           Beat
 Mar. 31 2023      0.43           0.47           Beat