Benzinga | Oct 21, 2021 05:25PM EDT

Western Alliance: Q3 Earnings Insights

Western Alliance (NYSE:WAL) reported its Q3 earnings results on Thursday, October 21, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Western Alliance beat their estimated earnings by 3.6%, which did not surprise analysts.

Revenue was up $243,156,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33, which was followed by a 3.29% drop in the share price the next day.

Here's a look at Western Alliance's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.96 1.47 1.32 1.04EPS Actual 2.29 1.90 1.93 1.36Revenue Estimate 494.03M 338.05M 318.74M 311.94MRevenue Actual 506.50M 337.00M 338.60M 305.34M

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