Hope Bancorp Inc expected to post earnings of 21 cents a share - Earnings Preview

Hope Bancorp

19/01/2024 21:07

* Hope Bancorp Inc  HOPE.OQ   HOPE.O  is expected to show a
fall
in quarterly revenue when it reports  results on January 30 for
the period ending December 31 2023
    * The Los Angeles California-based  company is expected to
report
a 14.9% decrease in revenue to $138.35 million from $162.63
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data. (SAL Represents Operating Revenue)
    * ​LSEG's mean analyst estimate for Hope Bancorp Inc is for
earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 Hope
Bancorp Inc
is $12.50​, above​ its last closing price of $11.34. ​​​

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  0.22        0.26       0.25      Missed  -3
 Jun. 30 2023  0.30        0.30       0.32      Beat    6.4
 Mar. 31 2023  0.36        0.37       0.33      Missed  -11.3​
 Dec. 31 2022  0.45        0.45       0.43      Missed  -5
 ​​Sep.        0.46        0.45       0.45      Met     -0.4
 30 2022                                                
 Jun. 30 2022  0.41        0.41       0.43      Beat    5.4​
 Mar. 31 2022  0.40        0.39       0.50      Beat    26.8
 Dec. 31 2021  0.41        0.41       0.43      Beat    5.9
 This summary was machine generated January 19 at 21:07 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)