Westamerica Bancorp Q2 EPS $1.51 Beats $1.39 Estimate, Sales $80.98M Beat $79.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Westamerica Bancorp (NASDAQ:WABC) reported Q2 earnings of $1.51 per share, beating the analyst consensus estimate of $1.39 by 8.63%. This is a 60.64% increase from the same period last year. The company also reported quarterly sales of $80.98 million, beating the estimate of $79.00 million by 2.51%, a 36.57% increase from last year.
July 20, 2023 | 2:51 pm
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Westamerica Bancorp reported better than expected Q2 earnings and sales, indicating a strong financial performance.
Westamerica Bancorp's Q2 earnings and sales exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100