A Look Ahead: East West Bancorp's Earnings Forecast

East West Bancorp EWBC is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect East West Bancorp to report an earnings per share (EPS) of $2.06.

The market awaits East West Bancorp's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

The company's EPS beat by $0.10 in the last quarter, leading to a 0.81% increase in the share price on the following day.

Here's a look at East West Bancorp's past performance and the resulting price change:

Tracking East West Bancorp's Stock Performance

Shares of East West Bancorp were trading at $91.83 as of October 18. Over the last 52-week period, shares are up 70.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for East West Bancorp visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.