Hope Bancorp (HOPE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Hope Bancorp (HOPE) reported revenue of $123.33 million, down 14.9% over the same period last year. EPS came in at $0.23, compared to $0.33 in the year-ago quarter.The reported revenue represents a surprise of -6.35% over the Zacks Consensus Estimate of $131.7 million. With the consensus EPS estimate being $0.27, the EPS surprise was -14.81%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...