Hope Bancorp Inc expected to post earnings of 30  cents a share - Earnings Preview

Hope Bancorp

21/07/2023 16:40

* Hope Bancorp Inc  HOPE.OQ   HOPE.O  is expected to show a
fall
in quarterly revenue when it reports  results on July 24. 
    * The Los Angeles California-based  company is expected to
report 
a 6.6% decrease in revenue to $141.074 million from $151.08
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hope Bancorp Inc is
for
earnings of 30 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 $10​, above​ its last closing price of $9.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.36        0.37       0.33      Missed  -11.3
 Dec. 31 2023  0.45        0.45       0.43      Missed  -5
 Sep. 30 2022  0.46        0.45       0.45      Met     -0.4​
 Jun. 30 2022  0.41        0.41       0.43      Beat    5.4
 ​​Mar.        0.40        0.39       0.50      Beat    26.8
 31 2022                                                
 Dec. 31 2021  0.41        0.41       0.43      Beat    5.9​
 Sep. 30 2021  0.42        0.42       0.44      Beat    5.3
 Jun. 30 2021  0.38        0.38       0.43      Beat    12.5
 This summary was machine generated July 21 at 15:40 GMT.  All
figures in US dollars  unless otherwise stated