A Preview Of Great Western Bancorp's Earnings


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Great Western Bancorp (NYSE:GWB) unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement

Earnings and Revenue

Great Western Bancorp EPS will likely be near 70 cents per share while revenue will be around $117.94 million, according to analysts.

Great Western Bancorp reported a per-share profit of 60 cents when it published results during the same quarter last year. Sales in that period totaled $111.23 million. If the company were to match the consensus estimate, earnings would be up 16.67 percent. Revenue would be up 6.03 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.63 0.62 0.63 0.62
EPS Actual 0.72 0.64 0.59 0.6

 

Stock Performance

Over the past 52-week period, shares of Great Western Bancorp have declined 7.58 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Great Western Bancorp stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Great Western Bancorp's Q2 is scheduled to hold a conference call at 8:30 a.m. ET and it can be accessed here.


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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews