Westamerica Bancorp expected to post earnings of $1.37 a share - Earnings Preview
16/04/2024 12:13
* Westamerica Bancorp WABC.OQ WABC.O is expected to show
a
fall in quarterly revenue when it reports results on April 18
(estimated) for the period ending March 31 2024
* The San Rafael California California-based company is
expected
to report a 2.7% decrease in revenue to $77.52 million from
$79.7 million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Westamerica Bancorp is
for
earnings of $1.37 per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Westamerica
Bancorp is $58.00, above its last closing price of $46.45.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.47 1.46 1.48 Beat 1.4
Sep. 30 2023 1.46 1.44 1.56 Beat 8.5
Jun. 30 2023 1.42 1.39 1.51 Beat 8.4
Mar. 31 2023 1.40 1.37 1.51 Beat 10.5
Dec. 1.45 1.45 1.46 Beat 0.9
31 2022
Sep. 30 2022 1.02 1.00 1.29 Beat 29.6
Jun. 30 2022 0.85 0.84 0.94 Beat 11.9
Mar. 31 2022 0.78 0.78 0.84 Beat 8.3
This summary was machine generated April 16 at 11:13 GMT. 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)