East West Bancorp Inc expected to post earnings of $2.20 a share - Earnings Preview

East West Bancorp

18/04/2023 14:08

* East West Bancorp Inc  EWBC.OQ   EWBC.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 20. 
    * The Pasadena California-based  company is expected to
report  a
44.9% increase in revenue to $602.293 million from $415.61
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for East West Bancorp
Inc is
for earnings of $2.20 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"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 $65​, above​ its last closing price of $53.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  1.52        1.52       1.66      Beat    9.3
 ​​Dec.        1.57        1.56       1.52      Missed  -2.7
 31 2021                                                
 Sep. 30 2021  1.52        1.51       1.57      Beat    4.1​
 Jun. 30 2021  1.38        1.39       1.57      Beat    13.1
 Mar. 31 2021  1.28        1.26       1.44      Beat    14.2
 This summary was machine generated April 18 at 13:08 GMT.  All
figures in US dollars  unless otherwise stated