Hope Bancorp's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Hope Bancorp (NASDAQ:HOPE) is set to release its quarterly earnings report on 2023-10-23, with analysts estimating an EPS of $0.26. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $8.93, down 33.56% over the last 52-week period.
October 20, 2023 | 4:00 pm
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NEGATIVE IMPACT
Hope Bancorp's upcoming earnings report could potentially impact its stock price, which has been on a downward trend over the past year. Past performance shows a pattern of share price drops following earnings beats.
The company's stock price has been on a downward trend over the past year, and past performance shows a pattern of share price drops following earnings beats. This suggests that the upcoming earnings report could potentially have a negative impact on the stock price, especially if the company fails to meet or exceed the estimated EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100