West Bancorp Q2 EPS $0.35 Beats $0.32 Estimate, Sales $19.73M Miss $19.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
West Bancorp reported Q2 earnings of $0.35 per share, beating the analyst consensus estimate of $0.32 by 9.37%. However, this is a 53.33% decrease from the same period last year. The company's quarterly sales of $19.73 million missed the analyst consensus estimate of $19.90 million by 0.85%, marking a 25.59% decrease from the same period last year.
July 27, 2023 | 12:03 pm
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West Bancorp's Q2 earnings beat estimates but are significantly lower than last year. Sales also missed estimates and are down from last year.
West Bancorp's earnings beat estimates, which is positive. However, the significant year-over-year decrease in both earnings and sales is a negative signal, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100