Preferred Bank Q1 EPS $2.53 Misses $2.54 Estimate, Sales $65.313M Miss $67.067M Estimate

Preferred Bank (NASDAQ:PFBC) reported quarterly earnings of $2.53 per share which missed the analyst consensus estimate of $2.54 by 0.39 percent. This is a 13.45 percent increase over earnings of $2.23 per share from the same period last year. The company reported quarterly sales of $65.313 million which missed the analyst consensus estimate of $67.067 million by 2.61 percent. This is a 4.24 percent increase over sales of $62.658 million the same period last year.