Hot Stock under Review: Great Western Bancorp Inc. (NYSE: GWB)

Albert Welton

Sioux Falls, South Dakota, May 4, 2020 – Great Western Bancorp Inc. (NYSE: GWB) posted revenues of $121.73M for the quarter ended September 2019, missing the Zacks Consensus Estimate by 1.48%. This compares to year-ago revenues of $121.25M. The company has not been able to beat consensus revenue estimates over the last four quarters. Great Western Bancorp came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 13.92%. A quarter ago, it was expected that this holding company for Great Western Bank would post earnings of $0.79 per share when it actually produced earnings of $0.47, delivering a surprise of -40.51%. Over the last four quarters, the company has surpassed consensus EPS estimates two times.

GWB has a market value of $1.06B while its EPS was booked as $2.90 in the last 12 months. The stock has 61.57M shares outstanding. Beta value of the company was 1.27; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.60.

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