Workflow
Compared to Estimates, Banc of California (BANC) Q1 Earnings: A Look at Key Metrics
BANCBanc of California(BANC) Zacks Investment Research·2024-04-23 14:36

Banc of California (BANC) reported 272.96millioninrevenueforthequarterendedMarch2024,representingayear−over−yearincreaseof237.4272.96 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 237.4%. EPS of 0.19 for the same period compares to 0.37ayearago.Thereportedrevenuerepresentsasurpriseof−7.790.37 a year ago.The reported revenue represents a surprise of -7.79% over the Zacks Consensus Estimate of 296.02 million. With the consensus EPS estimate being $0.26, the EPS surprise was -26.92%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...