Western Alliance (NYSE:WAL) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Western Alliance beat their estimated earnings by 3.6%, which did not surprise analysts.
Revenue was up $243,156,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33, which was followed by a 3.29% drop in the share price the next day.
Here’s a look at Western Alliance’s past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.96 | 1.47 | 1.32 | 1.04 |
| EPS Actual | 2.29 | 1.90 | 1.93 | 1.36 |
| Revenue Estimate | 494.03M | 338.05M | 318.74M | 311.94M |
| Revenue Actual | 506.50M | 337.00M | 338.60M | 305.34M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
