PacWest Banc Q2 EPS $0.22 Beats $0.20 Estimate
Portfolio Pulse from Benzinga Newsdesk
PacWest Banc reported Q2 earnings of $0.22 per share, beating the analyst consensus estimate of $0.20 by 10 percent. However, this is a 78.43 percent decrease from the same period last year.
July 25, 2023 | 8:50 pm
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PacWest Banc's Q2 earnings beat estimates but are significantly lower than last year's earnings.
While PacWest Banc beat analyst estimates for Q2 earnings, the significant decrease from last year's earnings could potentially concern investors. The mixed results make the short term impact on the stock price uncertain.
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