Territorial Bancorp Q1 EPS $(0.06) Misses $0.02 Estimate
Portfolio Pulse from Benzinga Newsdesk
Territorial Bancorp (NASDAQ:TBNK) reported a Q1 EPS of $(0.06), missing the analyst consensus estimate of $0.02 by 400%. This represents a 123.08% decrease from the $0.26 per share earned in the same period last year.
May 03, 2024 | 8:34 pm
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Territorial Bancorp reported a significant miss in Q1 earnings, with a loss of $(0.06) per share compared to the expected $0.02, a 123.08% decrease from the previous year.
The significant miss in earnings and the substantial decrease from the previous year's performance are likely to negatively impact investor sentiment and the stock price of Territorial Bancorp in the short term. The magnitude of the miss and the comparison to last year's earnings highlight operational or market challenges that could concern investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100