WASHINGTON (dpa-AFX) - East West Bancorp (EWBC) announced earnings for fourth quarter that retreated from last year.
The company said its profit came in at $91.81 million, or $0.63 per share. This was down from $95.50 million, or $0.66 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
East West Bancorp earnings at a glance:
-Earnings (Q4): $91.81 Mln. vs. $95.50 Mln. last year. -Earnings Decline (Y-o-Y): -3.9% -EPS (Q4): $0.63 vs. $0.66 last year. -EPS Decline (Y-o-Y): -4.5% -Analysts Estimate: $0.65
-Guidance: Full year EPS guidance: $2.80 - $2.84
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