CORRECTION: Territorial Bancorp Q2 EPS $0.17 Misses $0.20 Estimate, Sales $11.78M Miss $11.97M Estimate
Portfolio Pulse from Happy Mohamed
Territorial Bancorp (NASDAQ:TBNK) reported Q2 earnings of $0.17 per share, missing the analyst consensus estimate of $0.20 by 15%. This is a 63.04% decrease from the same period last year. The company also reported quarterly sales of $11.78 million, missing the analyst consensus estimate of $11.97 million by 1.57%. This is a 20.77% decrease from the same period last year.
July 30, 2023 | 7:01 pm
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Territorial Bancorp's Q2 earnings and sales missed estimates, marking a significant decrease from the same period last year.
Territorial Bancorp's Q2 earnings and sales missed analyst estimates, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100