* Western Alliance Bancorp is expected to show a rise in quarterly revenue when it reports results on April 18 for the period ending March 31 2024
* The Phoenix Arizona-based company is expected to report a 26.3% increase in revenue to $697.036 million from $551.9 million a year ago, according to the mean estimate from 12 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Western Alliance Bancorp is for earnings of $1.66 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Western Alliance Bancorp is $79.00, above its last closing price of $56.16.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 1.85 1.88 1.91 Beat 1.8
Sep. 30 2023 1.90 1.91 1.84 Missed -3.5
Jun. 30 2023 1.94 1.98 1.96 Missed -0.8
Mar. 31 2023 2.06 2.04 2.30 Beat 12.9
Dec. 2.66 2.66 2.67 Beat 0.2
31 2022
Sep. 30 2022 2.63 2.62 2.42 Missed -7.6
Jun. 30 2022 2.29 2.30 2.39 Beat 4
Mar. 31 2022 1.99 2.06 2.22 Beat 7.7
This summary was machine generated April 16 at 20:16 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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