Banc of California Q3 2024 Sales $232.175M Beat $227.499M Estimate
Portfolio Pulse from Benzinga Newsdesk
Banc of California reported Q3 2024 sales of $232.175 million, surpassing the analyst estimate of $227.499 million and marking a 235.43% increase from the previous year.
October 22, 2024 | 10:05 am
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Banc of California's Q3 2024 sales exceeded expectations, reaching $232.175 million, a 2.06% beat over the $227.499 million estimate and a significant 235.43% increase from last year.
The significant beat on sales estimates and the substantial year-over-year growth suggest strong performance and potential positive investor sentiment, likely leading to a short-term increase in BANC's stock price.
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