Banc of California BANC reported its Q3 earnings results on Thursday, October 20, 2022 at 06:02 AM.
Here's what investors need to know about the announcement.
Earnings
Banc of California missed estimated earnings by 6.38%, reporting an EPS of $0.44 versus an estimate of $0.47.
Revenue was up $16.43 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.95% drop in the share price the next day.
Here's a look at Banc of California's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.44 | 0.50 | 0.17 | 0.13 |
EPS Actual | 0.45 | 0.75 | 0.23 | 0.38 |
Revenue Estimate | 80.46M | 77.05M | 75.52M | 65.27M |
Revenue Actual | 78.30M | 76.44M | 73.04M | 62.98M |
To track all earnings releases for Banc of California visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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