East West Bancorp(EWBC) ZACKS·2025-04-15 15:06Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for East West Bancorp despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - East West Bancorp is expected to report quarterly earnings of $2.05 per share, reflecting a -1.4% change year-over-year, while revenues are projected at $671.3 million, a 4.2% increase from the previous year [3]. - The earnings report is scheduled for April 22, 2025, and could lead to stock price increases if results exceed expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.38% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for East West Bancorp is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.17% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - East West Bancorp currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, East West Bancorp had an expected EPS of $2.13 but delivered $2.08, resulting in a -2.35% surprise [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Context - Zions, another player in the Zacks Banks - West industry, is expected to report an EPS of $1.20 for the same quarter, showing a +16.5% year-over-year change, with revenues projected at $808.26 million, a 7.5% increase [17]. - Zions has also seen a revision of its consensus EPS estimate down by 0.8% over the last 30 days, but a higher Most Accurate Estimate has resulted in an Earnings ESP of 0.80%, indicating a likely earnings beat [18].