Western Alliance Q2 2024 Adj EPS $1.75 Beats $1.71 Estimate, Sales $771.80M Beat $737.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Western Alliance (NYSE: WAL) reported Q2 2024 adjusted EPS of $1.75, beating the estimate of $1.71. Sales were $771.80M, surpassing the $737.64M estimate and showing a 15.31% increase from the same period last year.
July 18, 2024 | 8:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Western Alliance (NYSE: WAL) reported Q2 2024 adjusted EPS of $1.75, beating the estimate of $1.71. Sales were $771.80M, surpassing the $737.64M estimate and showing a 15.31% increase from the same period last year.
Western Alliance's Q2 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. The 15.31% year-over-year increase in sales further underscores the company's growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100