HOPE BANCORP INC Bottom Line Declines In Q1, Misses Estimates

India, April 22 -- HOPE BANCORP INC (HOPE) revealed a profit for first quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $96.01 million, or $0.17 per share. This compares with $112.44 million, or $0.21 per share, last year.

Analysts on average had expected the company to earn $0.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 16.4% to $217.16 million from $259.67 million last year.

HOPE BANCORP INC earnings at a glance (GAAP) :

-Earnings: $96.01 Mln. vs. $112.44 Mln. last year.-EPS: $0.17 vs. $0.21 last year.-Revenue: $217.16 Mln vs. $259.67 Mln last year.

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