East West Bancorp Inc reports results for the quarter ended in December - Earnings Summary

East West Bancorp

26/01/2023 15:08

* East West Bancorp Inc  EWBC.OQ  reported quarterly
adjusted
earnings of $2.37​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was
for earnings of $2.24 per share.
    * Revenue rose 49.3% to $605.51 million from a year ago;
analysts
expected $587.68 million. 
    * East West Bancorp Inc's reported EPS for the quarter was
$2.37​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * East West Bancorp Inc shares had risen by 4.6% this
quarter.
    * The company reported quarterly net income of $336.76
million.
    * Wall Street's median 12-month price target for East West
Bancorp
Inc is $83.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 03:08 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.24           2.37           Beat
 Sep. 30 2022      2.10           2.08           Missed
 Jun. 30 2022      1.70           1.81           Beat
 Mar. 31 2022      1.52           1.66           Beat