East West Bancorp Inc. (EWBC) Releases FY13 Earnings Guidance
East West Bancorp Inc. (NASDAQ:EWBC) updated its FY13 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.24-2.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.08, Stock Ratings News reports.
Shares of East West Bancorp Inc. (NASDAQ:EWBC) traded up 1.87% during mid-day trading on Wednesday, hitting $36.41. 1,963,906 shares of the company’s stock traded hands. East West Bancorp Inc. has a 1-year low of $22.25 and a 1-year high of $36.27. The stock has a 50-day moving average of $34.43 and a 200-day moving average of $32.4. The company has a market cap of $4.988 billion and a P/E ratio of 17.49.
East West Bancorp (NASDAQ:EWBC) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.55 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.55. During the same quarter in the prior year, the company posted $0.49 earnings per share. On average, analysts predict that East West Bancorp Inc. will post $2.09 earnings per share for the current fiscal year.
East West Bancorp, Inc (NASDAQ:EWBC) is a bank holding company.
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