Western Alliance (WAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - The market anticipates Western Alliance (WAL) to report a year-over-year increase in earnings driven by higher revenues for the quarter ended December 2024, with actual results being crucial for stock price movement [1][2]. Company Summary - Western Alliance is expected to post quarterly earnings of $1.92 per share, reflecting a year-over-year change of +0.5% [3]. - Revenues are projected to reach $817.22 million, representing an 18.2% increase from the same quarter last year [3]. - The consensus EPS estimate has been revised 0.42% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Prediction Insights - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Western Alliance is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.09% [10][11]. - The stock currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. - Historical performance shows that Western Alliance has beaten consensus EPS estimates in two out of the last four quarters [13]. Industry Context - In the Zacks Banks - West industry, Cathay General (CATY) is expected to report earnings of $1.11 per share, indicating a year-over-year decline of -11.2% [17]. - Cathay's revenue is anticipated to be $185 million, down 9.9% from the previous year [17]. - The consensus EPS estimate for Cathay has been revised 3.1% lower in the last 30 days, resulting in an Earnings ESP of -4.79% [18].