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

West Bancorporation

25/04/2024 15:58

* West Bancorporation Inc  WTBA.OQ  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 47 cents.  The lone analyst forecast for the quarter was
for earnings of 27 cents per share. 
    * Revenue fell 12% to $19.05 million from a year ago;
analysts
expected $18.89 million. 
    * West Bancorporation Inc's reported EPS for the quarter was
35
cents​.
    * The company reported quarterly net income of $5.81
million.
    * West Bancorporation Inc shares had fallen by 5.6% this
quarter and lost 20.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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 $18.00 
This summary was machine generated from LSEG data April 25 at
02:58 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
 Mar. 31 2024      0.27           0.35           Beat
 Dec. 31 2023      0.31           0.29           Missed
                                  0.35           
 Jun. 30 2023      0.32           0.35           Beat