UPDATE: Banc of California Q2 EPS $(1.61) Misses $0.40 Estimate, Sales $250.510M Miss $275.774M Estimate

Banc of California, Inc.

Banc of California, Inc.

BANC

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Banc of California (NYSE: BANC) reported quarterly losses of $(1.61) per share which missed the analyst consensus estimate of $0.40 by 502.5 percent. This is a 619.35 percent decrease over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $250.510 million which missed the analyst consensus estimate of $275.774 million by 9.16 percent. This is a 4.29 percent increase over sales of $240.216 million the same period last year.
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