Hope Bancorp Inc reports results for the quarter ended in June - Earnings Summary

Hope Bancorp

19/07/2022 22:01

* Hope Bancorp Inc  HOPE.OQ  reported quarterly adjusted
earnings
of 43 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
41 cents per share.
    * Revenue rose 9.8% to $151.08 million from a year ago; 
analysts
expected $150.08 million. 
    * Hope Bancorp Inc's reported EPS for the quarter was 43
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Hope Bancorp Inc shares had risen by 2.0% this quarter and
lost 4.1% so far this year.
    * The company reported quarterly net income of $52.09
million.
    * Wall Street's median 12-month price target for Hope
Bancorp Inc
is $16.00 
    * 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." 

This summary was machine generated July 19 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.41           0.43           Beat
 Mar. 31 2022      0.39           0.50           Beat
 Dec. 31 2021      0.41           0.43           Beat
 Sep. 30 2021      0.42           0.44           Beat
 This summary was machine generated from Refinitiv data July 19
at 09:01 p.m