Westamerica Bancorp expected to post earnings of $1.39 a share - Earnings Preview

Westamerica Bancorp

17/07/2023 12:18

* Westamerica Bancorp  WABC.OQ   WABC.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 19
(estimated). 
    * The San Rafael California California-based  company is
expected
to report  a 33.2% increase in revenue to $79.005 million from
$59.3 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Westamerica Bancorp
is
for earnings of $1.39 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $49​, above​ its last closing price of $42.39. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.40        1.37       1.51      Beat    10.5
 Dec. 31 2023  1.45        1.45       1.46      Beat    0.9
 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.        0.78        0.78       0.84      Beat    8.3
 31 2022                                                
 Dec. 31 2021  0.82        0.82       0.81      Missed  -0.8​
 Sep. 30 2021  0.80        0.80       0.82      Beat    3.1
 Jun. 30 2021  0.77        0.76       0.84      Beat    9.9
 This summary was machine generated July 17 at 11:18 GMT.  All
figures in US dollars  unless otherwise stated