Benzinga | Jan 25, 2021 06:30AM EST

Pacific Mercantile Q4 EPS $0.16 Beats $0.12 Estimate, Sales $14.76M Miss $14.80M Estimate

Pacific Mercantile (NASDAQ:PMBC) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.12 by 33.33 percent. This is a 700 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $14.76 million which missed the analyst consensus estimate of $14.80 million by 0.24 percent. This is a 6.12 percent increase over sales of $13.91 million the same period last year.