Hope Bancorp HOPE is set to give its latest quarterly earnings report on Monday, 2024-10-28. Here's what investors need to know before the announcement.
Analysts estimate that Hope Bancorp will report an earnings per share (EPS) of $0.21.
The announcement from Hope Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
In the previous earnings release, the company missed EPS by $0.00, leading to a 1.62% increase in the share price the following trading session.
Here's a look at Hope Bancorp's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.22 | 0.26 | 0.21 | 0.26 |
EPS Actual | 0.22 | 0.23 | 0.32 | 0.25 |
Price Change % | 2.0% | 1.0% | -3.0% | -0.0% |
Performance of Hope Bancorp Shares
Shares of Hope Bancorp were trading at $12.75 as of October 24. Over the last 52-week period, shares are up 43.24%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Hope Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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