Earnings Outlook For Banc of California

Banc of California BANC is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Banc of California will report an earnings per share (EPS) of $0.12.

Anticipation surrounds Banc of California's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

The company's EPS missed by $0.03 in the last quarter, leading to a 6.36% drop in the share price on the following day.

Here's a look at Banc of California's past performance and the resulting price change:

Stock Performance

Shares of Banc of California were trading at $15.18 as of October 18. Over the last 52-week period, shares are up 35.85%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Banc of California visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.