Hope Bancorp Earnings Preview

Hope Bancorp (NASDAQ:HOPE) is set to give its latest quarterly earnings report on Monday, 2021-10-25. Here's what investors need to know before the announcement.

Analysts estimate that Hope Bancorp will likely report an Earnings Per Share (EPS) of $0.42

Hope Bancorp bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 13.16%, which was followed by a 3.72% increase in the share price the next day.

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

Stock Performance

Shares of Hope Bancorp were trading at $14.69 as of October 21. Over the last 52-week period, shares are up 73.3%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here

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