Central Pacific Financial Q3 EPS $0.49 Misses $0.52 Estimate, Net Interest Income $51.93M Beat $51.82M Estimate
Portfolio Pulse from Benzinga Newsdesk
Central Pacific Financial (NYSE:CPF) reported Q3 earnings of $0.49 per share, missing the analyst consensus estimate of $0.52 by 5.77%. This is a 19.67% decrease from the same period last year. However, the company reported quarterly sales of $51.93 million, beating the estimate of $51.82 million by 0.21%, but still a 6.21% decrease from last year.
October 25, 2023 | 10:31 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Central Pacific Financial's Q3 earnings missed estimates and decreased YoY, while sales beat estimates but also decreased YoY.
Central Pacific Financial's earnings miss and YoY decrease, along with the decrease in sales despite beating estimates, could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100