Earnings Preview For West Bancorp
Portfolio Pulse from Benzinga Insights
West Bancorp (NASDAQ:WTBA) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25, with analysts expecting an EPS of $0.31. Investors are looking for an earnings beat and positive guidance for future growth. Historically, West Bancorp's stock price has reacted negatively to past earnings reports, even when EPS estimates were beaten. Shares are currently trading at $20.43, down 5.89% over the last year.
January 24, 2024 | 7:02 pm
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West Bancorp is expected to report an EPS of $0.31 for the latest quarter. Despite past earnings beats, the stock has previously seen negative price reactions. Current share price is $20.43, with a 5.89% decline over the last year.
Given the historical negative reaction to earnings reports, even when West Bancorp beat EPS estimates, there is a likelihood of a short-term negative impact on WTBA's stock price. The current downward trend over the past year may also contribute to investor caution.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100