Why Hope Bancorp (HOPE) Could Beat Earnings Estimates Again

Core Insights - Hope Bancorp (HOPE) is positioned to potentially continue its earnings-beat streak, particularly in light of its recent performance in the Zacks Banks - West industry [1] - The company has a history of beating earnings estimates, with an average surprise of 5.41% over the last two quarters [1] Earnings Performance - For the most recent quarter, Hope Bancorp reported earnings of $0.18 per share against an expectation of $0.19 per share, resulting in a surprise of 5.56% [2] - In the previous quarter, the company exceeded the consensus estimate of $0.19 per share by reporting $0.20 per share, achieving a surprise of 5.26% [2] Earnings Estimates and Predictions - Recent estimates for Hope Bancorp have been trending upward, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong potential for an earnings beat [5] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better historically leads to a positive surprise rate of nearly 70% [6] Current Earnings ESP and Outlook - Hope Bancorp currently has an Earnings ESP of +6.02%, reflecting increased analyst optimism regarding its near-term earnings potential [8] - The stock holds a Zacks Rank of 1 (Strong Buy), suggesting a high likelihood of another earnings beat in the upcoming report scheduled for July 22, 2025 [8]