20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
On Tuesday, Hope Bancorp, Inc. (NASDAQ:HOPE) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Analysts expect Hope Bancorp earnings of 37 cents per share. Revenue will likely be around $139.19 million, according to the consensus estimate.
In the same quarter last year, Hope Bancorp reported earnings per share of 30 cents on sales of $132.93 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 23.33 percent. Revenue would be have grown 4.71 percent from the same quarter last year. Hope Bancorp's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.37 | 0.31 | 0.31 | 0.32 |
| EPS Actual | 0.38 | 0.32 | 0.33 | 0.3 |
Stock Performance
Over the last 52-week period, shares are down 3.57 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Over the past 90 days, analysts' have adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Hope Bancorp stock is a Strong Sell. The strength of this rating has dwindled over the past 90 days.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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