Zacks: Analysts Expect OP Bancorp (NYSE:OPBK) Will Announce Earnings of $0.60 Per Share

Equities analysts forecast that OP Bancorp (NYSE:OPBKGet Rating) will report earnings of $0.60 per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for OP Bancorp’s earnings. OP Bancorp reported earnings per share of $0.42 during the same quarter last year, which indicates a positive year over year growth rate of 42.9%. The company is scheduled to announce its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that OP Bancorp will report full year earnings of $2.34 per share for the current year. For the next fiscal year, analysts forecast that the company will post earnings of $2.26 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover OP Bancorp.

OPBK stock opened at $12.56 on Tuesday. The company’s 50 day simple moving average is $13.53 and its 200-day simple moving average is $13.09. OP Bancorp has a 52-week low of $9.51 and a 52-week high of $14.86.

About OP Bancorp (Get Rating)

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.

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