Recap: PacWest Banc Q3 Earnings
PacWest Banc(NASDAQ:PACW) stock fell by 0.48% on Tuesday after the company reported its Q3 earnings results on Monday, October 18, 2021 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
PacWest Banc beat their estimated earnings by 13.59%, which surprised analysts.
Revenue was up $37,611,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.55, which was followed by a 9.29% increase in the share price the next day.
Here's a look at PacWest Banc's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 1.03 | 0.97 | 0.91 | 0.67 | 0.63 |
| EPS Actual | 1.17 | 1.52 | 1.27 | 0.99 | 0.38 |
| Price Change % | -0.48% | 9.29% | 6.19% | 1.07% | -0.69% |
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Posted-In: BZI-RecapsEarnings News
