West Bancorp Q3 EPS $0.35 Beats $0.31 Estimate, Sales $19.46M Miss $19.70M Estimate
Portfolio Pulse from vinayak@benzinga.com
West Bancorp reported Q3 earnings of $0.35 per share, beating the analyst consensus estimate of $0.31 by 12.9%. However, this is a 49.28% decrease from the same period last year. The company's quarterly sales of $19.46 million missed the analyst consensus estimate of $19.70 million by 1.24%, marking a 25.97% decrease from the same period last year.

October 26, 2023 | 12:33 pm
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NEGATIVE IMPACT
West Bancorp's Q3 earnings beat estimates but are significantly down YoY. Sales also missed estimates and are down YoY.
West Bancorp's earnings beat estimates, which is a positive signal. However, the significant YoY decrease in both earnings and sales, along with the missed sales estimate, could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100