Stellar Bancorp Q3 EPS $0.50 Beats $0.49 Estimate, Sales $105.630M Miss $105.918M Estimate

Stellar Bancorp (NYSE: STEL) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.49 by 2.04 percent. This is a 20.63 percent decrease over earnings of $0.63 per share from the same period last year. The company reported quarterly sales of $105.630 million which missed the analyst consensus estimate of $105.918 million by 0.27 percent. This is a 2.02 percent decrease over sales of $107.809 million the same period last year.