East West Bancorp Inc expected to post earnings of $1.97 a share - Earnings Preview
19/07/2024 12:34
* East West Bancorp Inc EWBC.OQ EWBC.O is expected
to show a
fall in quarterly revenue when it reports results on July 23
for the period ending June 30 2024
* The Pasadena California-based company is expected to
report a
2.1% decrease in revenue to $554.958 million from $566.75
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data. (Sales represents NII)
* LSEG's mean analyst estimate for East West Bancorp Inc is
for
earnings of $1.97 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "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 $86.00, above its last closing price of $79.79.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 1.97 2.00 2.08 Beat 4.1
Dec. 31 2024 1.87 1.89 2.04 Beat 7.7
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. 2.21 2.20 2.32 Beat 5.4
31 2023
Dec. 31 2022 2.25 2.24 2.37 Beat 6
Sep. 30 2022 2.11 2.10 2.08 Missed -0.9
Jun. 30 2022 1.70 1.70 1.81 Beat 6.6
This summary was machine generated July 19 at 11:34 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)