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

Westamerica Bancorp

21/07/2022 17:31

* Westamerica Bancorp  WABC.OQ  reported quarterly adjusted
earnings of 94 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 84 cents per share.
    * Revenue rose 8.2% to $59.30 million from a year ago; 
analysts
expected $55.91 million. 
    * Westamerica Bancorp's reported EPS for the quarter was 94
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Westamerica Bancorp shares had risen by 0.9% this
quarter and
lost 2.7% so far this year.
    * The company reported quarterly net income of $25.31
million.
    * Wall Street's median 12-month price target for Westamerica
Bancorp is $70.00 
    * 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." 

This summary was machine generated July 21 at 04:31 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.84           0.94           Beat
 Mar. 31 2022      0.78           0.84           Beat
 Dec. 31 2021      0.82           0.81           Missed
 Sep. 30 2021      0.80           0.82           Beat
 This summary was machine generated from Refinitiv data July 21
at 04:31 p.m