East West Bancorp Inc (EWBC, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $561.26 million, and the earnings are expected to come in at $2.06 per share. The full year 2024's revenue is expected to be $2.23 billion and the earnings are expected to be $8.15 per share. More detailed estimate data can be found on the Forecast page.
East West Bancorp Inc (EWBC, Financial) Estimates Trends
Over the past 90 days, revenue estimates for East West Bancorp Inc (EWBC) for the full year 2024 have declined from $2.25 billion to $2.23 billion, and for 2025 from $2.35 billion to $2.30 billion. During the same period, earnings estimates have shown an upward trend, increasing from $8.00 per share to $8.15 per share for the full year 2024, and from $8.33 per share to $8.37 per share for 2025.
East West Bancorp Inc (EWBC, Financial) Reported History
In the previous quarter of June 30, 2024, East West Bancorp Inc's (EWBC) actual revenue was $553.23 million, which missed analysts' revenue expectations of $554.96 million by -0.31%. East West Bancorp Inc's (EWBC) actual earnings were $2.06 per share, which beat analysts' earnings expectations of $1.97 per share by 4.52%. After releasing the results, East West Bancorp Inc (EWBC) was up by 0.81% in one day.
East West Bancorp Inc (EWBC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 14 analysts, the average target price for East West Bancorp Inc (EWBC) is $97.93 with a high estimate of $108 and a low estimate of $87. The average target implies an upside of 6.64% from the current price of $91.83.
Based on GuruFocus estimates, the estimated GF Value for East West Bancorp Inc (EWBC, Financial) in one year is $73.09, suggesting a downside of -20.41% from the current price of $91.83.
Based on the consensus recommendation from 15 brokerage firms, East West Bancorp Inc's (EWBC, Financial) average brokerage recommendation is currently 1.6, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
