Recap: PacWest Banc Q4 Earnings




 

PacWest Banc (NASDAQ:PACW) reported its Q4 earnings results on Wednesday, January 19, 2022 at 04:30 PM.

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

Earnings

PacWest Banc beat estimated earnings by 14.0%, reporting an EPS of $1.14 versus an estimate of $1.0, which surprised analysts.

Revenue was up $58.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 0.48% drop in the share price the next day.

Here’s a look at PacWest Banc’s past performance:

 

QuarterQ3 2021Q2 2021Q1 2021Q4 2020
EPS Estimate1.030.970.910.67
EPS Actual1.171.521.270.99
Revenue Estimate316.41M304.68M294.05M283.06M
Revenue Actual327.19M306.68M306.10M299.06M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.




Source link


Leave a Reply