Banc of California Q1 Adj. EPS $0.39 Beats $0.38 Estimate, Sales $251.617M Miss $279.294M Estimate
Banc of California (NYSE:BANC) reported quarterly earnings of $0.39 per share which beat the analyst consensus estimate of $0.38 by 2.63 percent. This is a 34.48 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $251.617 million which missed the analyst consensus estimate of $279.294 million by 9.91 percent. This is a 5.41 percent decrease over sales of $266.014 million the same period last year.
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