Group 1 - East West Bancorp reported quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $2.13 per share, but showing an increase from $2.02 per share a year ago, resulting in an earnings surprise of -2.35% [1] - The company posted revenues of $675.79 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.28%, compared to year-ago revenues of $654.74 million [2] - East West Bancorp shares have increased approximately 7.3% since the beginning of the year, outperforming the S&P 500's gain of 3.5% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $2.07 on revenues of $651.43 million, and for the current fiscal year, it is $8.68 on revenues of $2.68 billion [7] - The Zacks Industry Rank for Banks - West is currently in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
East West Bancorp (EWBC) Lags Q4 Earnings Estimates