What Is In The Cards For Western Alliance ($WAL) Q3 2024 Earnings?

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Western Alliance (NYSE: WAL) has set the date for the release of its third quarter financial results on Thursday 17th October 2024, after market close. Investors and analysts will have a chance to analyze the company's performance during the quarter.

According to the predictions of financial experts on Wall Street, the enterprise is set to unveil an estimated $1.88 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $808.19 million for the specific period.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $1.97, attributed to the company's total revenue of $716.2 million.

Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $3.13 billion. Additionally, they are expecting the company to achieve per share profit of $7.36 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.75 -10.7% 771.80 M +15.3%
Q1 2024 $1.72 -25.2% 728.80 M +32.1%
Q4 2023 $1.91 -28.5% 682.20 M -2.7%
Q3 2023 $1.97 -18.6% 716.20 M +7.9%
Q2 2023 $1.96 -18.0% 669.30 M +8.0%
*Growth on year-over-year basis

 

WAL will host a conference call with investment community on 18th October 2024 at 12:00 PM eastern time to discuss the financial results.

Western Alliance (WAL) closed Wednesday's regular trading session at $91.69, indicating a 0.89 percent advance, with a volume of 1.41 million shares.