Benzinga | Jul 23, 2020 08:17AM EDT

East West Bancorp Q2 EPS $0.70 Misses $0.78 Estimate, Sales $343.77M Miss $343.97M Estimate

East West Bancorp (NASDAQ:EWBC) reported quarterly earnings of $0.70 per share which missed the analyst consensus estimate of $0.78 by 10.26 percent. This is a 43.55 percent decrease over earnings of $1.24 per share from the same period last year. The company reported quarterly sales of $343.77 million which missed the analyst consensus estimate of $343.97 million by 0.06 percent. This is a 6.41 percent decrease over sales of $367.33 million the same period last year.