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

Westamerica Bancorp

21/04/2022 17:42

* Westamerica Bancorp  WABC.OQ  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 78 cents per share.
    * Revenue rose 6.4% to $55.38 million from a year ago; 
analysts
expected $53.27 million. 
    * Westamerica Bancorp's reported EPS for the quarter was 84
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
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 1.7% this
quarter and
gained 3.0% so far this year.
    * The company reported quarterly net income of $22.62
million.
    * Wall Street's median 12-month price target for Westamerica
Bancorp is $67.00 
    * 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 April 21 at 04:42 p.m.  ​All
figures in US dollars unless otherwise stated