Benzinga | Apr 26, 2021 08:08AM EDT

Pacific Mercantile Q1 EPS $0.14, Inline, Sales $14.48M Miss $14.65M Estimate

Pacific Mercantile (NASDAQ:PMBC) reported quarterly earnings of $0.14 per share which met the analyst consensus estimate. This is a 240 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $14.48 million which missed the analyst consensus estimate of $14.65 million by 1.18 percent. This is a 15.19 percent increase over sales of $12.57 million the same period last year.