Earnings Outlook For Banc of California
Portfolio Pulse from Benzinga Insights
Banc of California (NYSE:BANC) is set to release its quarterly earnings report on October 22, 2024. Analysts expect an EPS of $0.12. Investors are keen on the earnings and guidance, as past performance has shown significant stock price reactions.
October 21, 2024 | 3:01 pm
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Banc of California is expected to report an EPS of $0.12. Investors are focused on whether the company will surpass estimates and provide positive guidance, as past earnings have led to significant stock price movements.
The upcoming earnings report is crucial as past earnings have led to notable stock price changes. The market will react not only to the EPS but also to the guidance provided. A miss in the last quarter led to a 6.36% drop, highlighting the sensitivity of the stock to earnings announcements.
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