East West Bancorp (EWBC) revealed earnings for its full year that increased from last year but missed the Street estimates.
The company's earnings totaled $1.166 billion, or $8.33 per share. This compares with $1.161 billion, or $8.18 per share, last year.
Analysts on average had expected the company to earn $8.36 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.4% to $2.619 billion from $2.609 billion last year.
East West Bancorp earnings at a glance (GAAP) :
-Earnings: $1.166 Bln. vs. $1.161 Bln. last year.
-EPS: $8.33 vs. $8.18 last year.
-Revenue: $2.619 Bln vs. $2.609 Bln last year.
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