Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



WestAmerica Bancorp Earnings Preview

WestAmerica Bancorp (Nasdaq: WABC  ) came in under analyst's estimates last quarter but now has a chance to fix things. The company will unveil its latest earnings on Tuesday, July 19. WestAmerica Bancorp provides a range of banking services to individual and corporate customers in Northern and Central California through its subsidiary, Westamerica Bank.

What analysts say:

  • Buy, sell, or hold?: Analysts think investors should stand pat on WestAmerica Bancorp, with six of nine analysts rating it a hold. Analysts like WestAmerica Bancorp better than competitor Cathay General Bancorp overall. One out of 13 analysts rates Cathay General Bancorp a buy, compared with two of nine for WestAmerica Bancorp.
  • Revenue forecasts: On average, analysts predict $67.8 million in revenue this quarter. That would represent a decline of 6.3% from the year-ago quarter.
  • Wall Street earnings expectations: The average analyst estimate is earnings of $0.78 per share. Estimates range from $0.73 to $0.79.

What our community says:
Most CAPS All-Stars are skeptical of WABC's prospects, with 78.1% giving it an "underperform" rating. Like the All-Stars, the community is also not a fan of WestAmerica Bancorp, with 67.5% granting it "underperform" rating. The message boards have been quiet lately, with only 32 posts in the past 30 days. WestAmerica Bancorp's bearish CAPS rating of one out of five stars falls short of the Fool community's sentiment.

WestAmerica Bancorp's income has fallen year over year by an average of 2.8%. Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters. 

Quarter Q1 Q4 Q3 Q2
Net Margin 33.3% 33.9% 33.7% 33.3%
One final thing: If you want to keep tabs on WestAmerica Bancorp's movements, and for more analysis on the company, make sure you add it to your Watchlist.

Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1519392, ~/Articles/ArticleHandler.aspx, 10/25/2016 3:12:50 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,170.16 -52.87 -0.29%
S&P 500 2,143.68 -7.65 -0.36%
NASD 5,281.19 -28.64 -0.54%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 2:56 PM
WABC $49.10 Down -0.36 -0.73%
WestAmerica Bancor… CAPS Rating: No stars