Regional banking company WaFd (NASDAQ: WAFD) will be announcing earnings results this Thursday after market hours. Here’s what to expect.

WaFd Bank missed analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $187.2 million, flat year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ net interest income estimates and a significant miss of analysts’ EPS estimates.

Is WaFd Bank a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting WaFd Bank’s revenue to grow 10.6% year on year to $193.3 million, improving from the 4.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.76 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. WaFd Bank has missed Wall Street’s revenue estimates four times over the last two years.

Looking at WaFd Bank’s peers in the banks segment, only JPMorgan Chase has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 6.9%. The stock was down 91.4% on the results.

Investors in the banks segment have had fairly steady hands going into earnings, with share prices down 1.2% on average over the last month. WaFd Bank is down 2.4% during the same time and is heading into earnings with an average analyst price target of $33.13 (compared to the current share price of $32.35).

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