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Hope Bancorp (HOPE) Lags Q2 Earnings Estimates
Hope BancorpHope Bancorp(US:HOPE) ZACKSยท2025-07-22 13:26

Core Viewpoint - Hope Bancorp reported quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.21 per share, and showing a decrease from $0.22 per share a year ago, resulting in an earnings surprise of -9.52% [1][2] Financial Performance - The company posted revenues of $133.43 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.13%, compared to $116.93 million in the same quarter last year [2] - Over the last four quarters, Hope Bancorp has exceeded consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Hope Bancorp shares have declined approximately 7.6% since the beginning of the year, while the S&P 500 has gained 7.2% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for outperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $134.68 million, and for the current fiscal year, it is $0.95 on revenues of $519.89 million [7] - The outlook for the industry, particularly the Banks - West sector, is favorable, ranking in the top 28% of over 250 Zacks industries, which historically outperforms the bottom 50% by more than 2 to 1 [8]