1. Home
  2. Earnings Miss
  3. Bank of Hawaii Q1 Earnings and Revenues Miss Estimates

Bank of Hawaii Q1 Earnings and Revenues Miss Estimates

1
0

Bank of Hawaii (NYSE: BOH) came out with quarterly earnings of $0.87 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.43%. A quarter ago, it was expected that this bank holding company would post earnings of $0.89 per share when it actually produced earnings of $0.72, delivering a surprise of -19.10%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Bank of Hawaii, which belongs to the Zacks Banks – West industry, posted revenues of $156.22 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 2.84%. This compares to year-ago revenues of $176.69 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Bank …

Full story available on Benzinga.com

Visited 1 times, 1 visit(s) today