East West Bancorp EWBC reported its Q3 earnings results on Thursday, October 21, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
East West Bancorp beat their estimated earnings by 3.97%, which did not surprise analysts.
Revenue was up $71,576,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18, which was followed by a 0.63% increase in the share price the next day.
Here's a look at East West Bancorp's past performance and the resulting price change:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | 1.39 | 1.24 | 1.03 | 0.95 |
EPS Actual | 1.57 | 1.44 | 1.13 | 1.12 |
Revenue Estimate | 379.38M | 354.11M | 334.61M | 349.08M |
Revenue Actual | 376.47M | 353.69M | 346.58M | 324.13M |
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