Recap: PacWest Banc Q3 Earnings

PacWest BancPACW stock fell by 0.48% on Tuesday after the company reported its Q3 earnings results on Monday, October 18, 2021 at 04:30 PM.

Here's what investors need to know about the announcement.

PacWest Banc beat their estimated earnings by 13.59%, which surprised analysts.

Revenue was up $37,611,000 from the same period last year.

Last quarter the company beat on EPS by $0.55, which was followed by a 9.29% increase in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	1.03	0.97	0.91	0.67	0.63
EPS Actual	1.17	1.52	1.27	0.99	0.38
Price Change %	-0.48%	9.29%	6.19%	1.07%	-0.69%

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