East West Bancorp Inc expected to post earnings of $2.00 a share - Earnings Preview
19/04/2024 21:16
* East West Bancorp Inc EWBC.OQ EWBC.O is expected
to show a
fall in quarterly revenue when it reports results on April 23
for the period ending March 31 2024
* The Pasadena California-based company is expected to
report a
3.1% decrease in revenue to $581.099 million from $599.86
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
* LSEG's mean analyst estimate for East West Bancorp Inc is
for
earnings of $2.00 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 $88.00, above its last closing price of $71.80.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 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. 31 2023 2.21 2.20 2.32 Beat 5.4
Dec. 2.25 2.24 2.37 Beat 6
31 2022
Sep. 30 2022 2.11 2.10 2.08 Missed -0.9
Jun. 30 2022 1.70 1.70 1.81 Beat 6.6
Mar. 31 2022 1.52 1.52 1.66 Beat 9.3
This summary was machine generated April 19 at 20:16 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)