Hope Bancorp Earnings Preview
Portfolio Pulse from Benzinga Insights
Hope Bancorp (NASDAQ:HOPE) is set to release its quarterly earnings report on Monday, 2023-07-24. Analysts estimate an earnings per share (EPS) of $0.30. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $9.62, down 35.17% over the last 52-week period.
July 21, 2023 | 3:03 pm
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NEGATIVE IMPACT
Hope Bancorp's upcoming earnings report could impact its stock price, especially if it misses estimates as it has in the past. The stock has been on a downward trend, losing 35.17% over the last 52 weeks.
Hope Bancorp's stock price has historically been affected by its earnings reports, particularly when it misses estimates. Given the current downward trend of the stock, another earnings miss could further depress the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100