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

Hope Bancorp

24/10/2022 22:02

* Hope Bancorp Inc  HOPE.OQ  reported quarterly adjusted
earnings
of 45 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 18.2% to $166.54 million from a year ago;
analysts
expected $161.79 million. 
    * Hope Bancorp Inc's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hope Bancorp Inc shares had risen by 4.2% this quarter and
lost 10.5% so far this year.
    * The company reported quarterly net income of $53.75
million.
    * Wall Street's median 12-month price target for Hope
Bancorp Inc
is $15.00 
    * 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 from Refinitiv data October
24 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.45           0.45           Met
 Jun. 30 2022      0.41           0.43           Beat
 Mar. 31 2022      0.39           0.50           Beat
 Dec. 31 2021      0.41           0.43           Beat