Banc of California Q3 Adj. EPS $0.38 Beats $0.32 Estimate, Sales $253.444M Miss $253.615M Estimate

Banc of California (NYSE:BANC) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.32 by 18.01 percent. This is a 52 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $253.444 million which missed the analyst consensus estimate of $253.615 million by 0.07 percent. This is a 9.16 percent increase over sales of $232.175 million the same period last year.