East West Bancorp Q1 adjusted earnings miss estimatesChristian Fernsby ▼ |
East West Bancorp The company's bottom line totaled $164.0 million, or $1.12 per share
East West Bancorp revealed a profit for first quarter that dropped from the same period last year.
Excluding items, East West Bancorp reported adjusted earnings of $168.9 million or $1.16 per share for the period.
Analysts had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.9% to $362.46 million from $326.69 million last year. ■
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