West Bancorp WTBA releases its next round of earnings this Thursday, July 29. Get the latest predictions in Benzinga's essential guide to the company's Q2 earnings report.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
West Bancorp EPS is expected to be around $0.62, according to sell-side analysts. Sales will likely be near $24.00 million. In the same quarter last year, West Bancorp announced EPS of $0.48 on revenue of $22.52 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate when it reports Thursday, EPS would be up 29.17%. Sales would be have grown 6.56% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.63 | 0.43 | 0.48 | 0.42 |
EPS Actual | 0.70 | 0.52 | 0.49 | 0.48 |
Revenue Estimate | 24.70 M | 23.20 M | 23.20 M | 21.80 M |
Revenue Actual | 25.59 M | 24.59 M | 24.34 M | 22.52 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of West Bancorp were trading at $29.16 as of July 27. Over the last 52-week period, shares are up 76.38%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. West Bancorp is scheduled to hold the call at 11:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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