East West Bancorp Inc expected to post earnings of $1.89 a share - Earnings Preview
19/01/2024 21:41
* East West Bancorp Inc EWBC.OQ EWBC.O is expected
to show a
fall in quarterly revenue when it reports results on January 23
for the period ending December 31 2023
* The Pasadena California-based company is expected to
report a
4.8% decrease in revenue to $576.553 million from $605.51
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Sales represents NII)
* LSEG's mean analyst estimate for East West Bancorp Inc is
for
earnings of $1.89 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for East West
Bancorp
Inc is $83.00, above its last closing price of $69.34.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 2.02 2.02 2.02 Met 0.2
Jun. 30 2023 2.22 2.22 2.20 Missed -0.8
Mar. 31 2023 2.21 2.20 2.32 Beat 5.4
Dec. 31 2022 2.25 2.24 2.37 Beat 6
Sep. 2.11 2.10 2.08 Missed -0.9
30 2022
Jun. 30 2022 1.70 1.70 1.81 Beat 6.6
Mar. 31 2022 1.52 1.52 1.66 Beat 9.3
Dec. 31 2021 1.57 1.56 1.52 Missed -2.7
This summary was machine generated January 19 at 21:41 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)