Hope Bancorp (HOPE) Q3 Earnings Miss Estimates

Core Insights - Hope Bancorp reported quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share, but showing an increase from $0.21 per share a year ago, resulting in an earnings surprise of -3.85% [1] - The company posted revenues of $142.03 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 2.07%, and up from $116.65 million year-over-year [2] - Hope Bancorp shares have declined approximately 13.1% year-to-date, contrasting with the S&P 500's gain of 16.9% [3] Earnings Outlook - The earnings outlook for Hope Bancorp is uncertain, with current consensus EPS estimates at $0.26 for the upcoming quarter and $0.89 for the current fiscal year, with revenues expected to be $139.9 million and $528.5 million respectively [7] - The trend of estimate revisions prior to the earnings release was unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Banks - West industry, to which Hope Bancorp belongs, is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]