Westamerica Bancorp expected to post earnings of 78  cents a share - Earnings Preview

Westamerica Bancorp

11/04/2022 15:51

* Westamerica Bancorp  WABC.OQ   WABC.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 13
(estimated). 
    * The San Rafael California California-based  company is
expected
to report  a 2.4% increase in revenue to $53.27 million from
$52.03 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 78 cents per share. For the same quarter last
year, the company reported earnings of 73 cents 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 $67​, above​ its last closing price of $59.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.74        0.74       0.73      Missed  -1.4
 ​​Dec.        0.74        0.74       0.79      Beat    7.2
 31 2020                                                
 Sep. 30 2020  0.74        0.74       0.74      Met     0.5​
 Jun. 30 2020  0.66        0.65       0.72      Beat    10.1
 Mar. 31 2020  0.70        0.68       0.63      Missed  -6.7
 This summary was machine generated April 11 at 14:51 GMT.  All
figures in US dollars  unless otherwise stated