Western Alliance's Earnings: A Preview

Western Alliance WAL is preparing to release its quarterly earnings on Thursday, 2024-10-17. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Western Alliance to report an earnings per share (EPS) of $1.88.

Investors in Western Alliance are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

The company's EPS beat by $0.05 in the last quarter, leading to a 7.93% increase in the share price on the following day.

Here's a look at Western Alliance's past performance and the resulting price change:

Market Performance of Western Alliance's Stock

Shares of Western Alliance were trading at $90.88 as of October 15. Over the last 52-week period, shares are up 98.68%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Western Alliance visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.