Saturday, July 16, 2011

WestAmerica Bancorp Earnings analysts Preview for july 19 2011

WestAmerica Bancorp Earnings analysts Preview for july 19 2011 ; WestAmerica Bancorp (Nasdaq: WABC ) came in under analyst's estimates last quarter but now has a chance to fix things. The company will unveil its latest earnings on Tuesday, July 19. WestAmerica Bancorp provides a range of banking services to individual and corporate customers in Northern and Central California through its subsidiary, Westamerica Bank.

What analysts say:

* Buy, sell, or hold?: Analysts think investors should stand pat on WestAmerica Bancorp, with six of nine analysts rating it a hold. Analysts like WestAmerica Bancorp better than competitor Cathay General Bancorp overall. One out of 13 analysts rates Cathay General Bancorp a buy, compared with two of nine for WestAmerica Bancorp.
* Revenue forecasts: On average, analysts predict $67.8 million in revenue this quarter. That would represent a decline of 6.3% from the year-ago quarter.
* Wall Street earnings expectations: The average analyst estimate is earnings of $0.78 per share. Estimates range from $0.73 to $0.79.

What our community says:
Most CAPS All-Stars are skeptical of WABC's prospects, with 78.1% giving it an "underperform" rating. Like the All-Stars, the community is also not a fan of WestAmerica Bancorp, with 67.5% granting it "underperform" rating. The message boards have been quiet lately, with only 32 posts in the past 30 days. WestAmerica Bancorp's bearish CAPS rating of one out of five stars falls short of the Fool community's sentiment.

Management:
WestAmerica Bancorp's income has fallen year over year by an average of 2.8%. Revenue has fallen for the past three quarters.

Now let's look at how efficient management is at running the business. Traditionally, margins represent the efficiency with which companies capture portions of sales dollars. The following table shows net margins over the past four quarters.
Quarter Q1 Q4 Q3 Q2
Net Margin 33.3% 33.9% 33.7% 33.3%

One final thing: If you want to keep tabs on WestAmerica Bancorp's movements, and for more analysis on the compan

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