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

Hope Bancorp

18/04/2022 22:56

* Hope Bancorp Inc  HOPE.OQ  reported quarterly adjusted
earnings
of 50 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
39 cents per share.
    * Revenue rose 11.4% to $146.36 million from a year ago; 
analysts
expected $144.07 million. 
    * Hope Bancorp Inc's reported EPS for the quarter was 50
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.7%
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 fallen by 3.2% this
quarter and
gained 5.8% so far this year.
    * The company reported quarterly net income of $60.74
million.
    * Wall Street's median 12-month price target for Hope
Bancorp Inc
is $19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 18 at 09:56 p.m.  ​All
figures in US dollars unless otherwise stated