Benzinga | Jul 16, 2020 07:14AM EDT

PacWest Banc Q2 EPS $0.28 Misses $0.44 Estimate, Sales $293.14M Beat $278.54M Estimate

PacWest Banc (NASDAQ:PACW) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.44 by 36.36 percent. This is a 73.83 percent decrease over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $293.14 million which beat the analyst consensus estimate of $278.54 million by 5.24 percent. This is a 5.98 percent decrease over sales of $311.79 million the same period last year.