East West Bancorp Q3 Earnings Rise 17%

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(RTTNews.com) - East West Bancorp ( EWBC ) released a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line came in at $110.14 million, or $0.76 per share. This was up from $94.10 million, or $0.65 per share, in last year's third quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

East West Bancorp earnings at a glance:

-Earnings (Q3): $110.14 Mln. vs. $94.10 Mln. last year.
-Earnings Growth (Y-o-Y): 17.0%
-EPS (Q3): $0.76 vs. $0.65 last year.
-EPS Growth (Y-o-Y): 16.9%
-Analysts Estimate: $0.70
-Revenue (Q3): $254.15 Mln vs. $240.29 Mln last year.
-Revenue Change (Y-o-Y): 5.8%


Next quarter EPS guidance: $0.70 - $0.72
Full year EPS guidance: $2.91 - $2.93

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This article appears in: Earnings
Referenced Symbols: EWBC , TRI

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