Western Alliance (WAL) Misses Q3 Earnings Estimates

Western Alliance (WAL) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.97 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.26%. A quarter ago, it was expected that this bank holding company would post earnings of $1.71 per share when it actually produced earnings of $1.75, delivering a surprise of 2.34%. Over the last four quarters ...