Westamerica Bancorp expected to post earnings of $1.45 a share - Earnings Preview

Westamerica Bancorp

16/01/2023 11:05

* Westamerica Bancorp  WABC.OQ   WABC.O  is expected to show
a
rise in quarterly revenue when it reports  results on January 18
(estimated). 
    * The San Rafael California California-based  company is
expected
to report  a 47.8% increase in revenue to $78.92 million from
$53.38 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 $1.45 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 1 "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 $72​, above​ its last closing price of $58.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  0.82        0.82       0.81      Missed  -0.8
 ​​Sep.        0.80        0.80       0.82      Beat    3.1
 30 2021                                                
 Jun. 30 2021  0.77        0.76       0.84      Beat    9.9​
 Mar. 31 2021  0.74        0.74       0.73      Missed  -1.4
 Dec. 31 2020  0.74        0.74       0.79      Beat    7.2
 This summary was machine generated January 16 at 11:05 GMT.  All
figures in US dollars  unless otherwise stated