Preferred Bank Q2 EPS $2.52 Beats $2.42 Estimate, Sales $66.87M Beat $66.72M Estimate

Preferred Bank (NASDAQ:PFBC) reported quarterly earnings of $2.52 per share which beat the analyst consensus estimate of $2.42 by 4.05 percent. This is a 1.61 percent increase over earnings of $2.48 per share from the same period last year. The company reported quarterly sales of $66.87 million which beat the analyst consensus estimate of $66.72 million by 0.24 percent. This is a 1.16 percent increase over sales of $66.11 million the same period last year.