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East West Bancorp (EWBC) Surges 8.6%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 15:30
Core Viewpoint - East West Bancorp (EWBC) shares experienced an 8.6% increase, closing at $77.16, following a significant trading volume and a broader market rally due to eased trade tensions from tariff suspensions [1][2]. Company Performance - The upcoming quarterly earnings for East West Bancorp are projected at $2.05 per share, reflecting a year-over-year decline of 1.4%. Revenue expectations stand at $671.3 million, indicating a 4.2% increase from the previous year [3]. - The consensus EPS estimate has been revised down by 1.4% over the last 30 days, which typically does not correlate with price appreciation [4]. Market Context - The stock's recent rally is attributed to President Trump's announcement of a 90-day tariff suspension for non-retaliating countries, which has improved market sentiment and reduced trade tensions [2]. - East West Bancorp holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the current market context [4].
Camping World (CWH) Soars 10.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:00
Company Overview - Camping World (CWH) shares increased by 10.4% to close at $13.91, following a significant trading volume compared to typical sessions, despite a 23.9% loss over the past four weeks [1] - The company is expected to report a quarterly loss of $0.23 per share, reflecting a year-over-year change of +42.5%, with revenues projected at $1.44 billion, up 5.4% from the previous year [2] Earnings Estimates and Market Sentiment - The consensus EPS estimate for Camping World has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Context - Camping World is part of the Zacks Leisure and Recreation Services industry, which includes other companies like Royal Caribbean (RCL), whose shares rose by 16.3% to $209.51, despite a -13% return over the past month [3] - Royal Caribbean's consensus EPS estimate has changed by -0.9% to $2.52, representing a +42.4% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [4]