Westamerica Bancorp reports results for the quarter ended in December - Earnings Summary

Westamerica Bancorp

19/01/2023 16:49

* Westamerica Bancorp  WABC.OQ  reported quarterly adjusted
earnings of $1.46​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was
for earnings of $1.45 per share.
    * Revenue rose 48.3% to $79.19 million from a year ago;
analysts
expected $78.92 million. 
    * Westamerica Bancorp's reported EPS for the quarter was
$1.46​.
    * The mean earnings estimate of analysts had risen by
about 40.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Westamerica Bancorp shares had fallen by 4.6% this
quarter.
    * The company reported quarterly net income of $39.34
million.
    * Wall Street's median 12-month price target for Westamerica
Bancorp is $72.00 
    * 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." 

This summary was machine generated from Refinitiv data January
19 at 04:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.45           1.46           Beat
 Sep. 30 2022      1.00           1.29           Beat
 Jun. 30 2022      0.84           0.94           Beat
 Mar. 31 2022      0.78           0.84           Beat