Banc of California Inc expected to post earnings of 19 cents a share - Earnings Preview
19/07/2024 16:32
* Banc of California Inc BANC.N BANC.K is expected
to show a
rise in quarterly revenue when it reports results on July 23
for the period ending June 30 2024
* The Santa Ana California-based company is expected to
report a
235.7% increase in revenue to $240.123 million from $71.53
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on NII)
* LSEG's mean analyst estimate for Banc of California Inc
is for
earnings of 19 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Banc of
California Inc is $15.00, above its last closing price
of $14.27.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.21 0.22 0.19 Missed -13.6
Dec. 31 2024 -0.12 -0.08 1.49 Beat 1,962.
5
Jan. 1 0001 0.30 0.30 0.30 Met 0.6
Jan. 1 0001 0.31 0.31 0.31 Met 1.5
Mar. 0.36 0.37 0.34 Missed -9.3
31 2023
Dec. 31 2022 0.43 0.43 0.45 Beat 4.4
Jan. 1 0001 0.47 0.47 0.40 Missed -14.4
Jun. 30 2022 0.43 0.43 0.43 Met -0.7
This summary was machine generated July 19 at 15:32 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)