PacWest Bancorp: Q2 Earnings Insights

Shares of PacWest Bancorp (NASDAQ:PACW) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share fell 73.83% year over year to $0.28, which missed the estimate of $0.44.

Revenue of $293,137,000 declined by 5.98% from the same period last year, which beat the estimate of $278,540,000.

Looking Ahead

PacWest Banc hasn't issued any earnings guidance for the time being.

PacWest Banc hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $40.14

Company's 52-week low was at $13.84

Price action over last quarter: Up 16.78%

Company Description

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.


Posted In: