First Hawaiian Q2 EPS $0.48 Beats $0.43 Estimate, Sales $204.62M Beat $203.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Hawaiian (NASDAQ:FHB) reported Q2 earnings per share of $0.48, beating the analyst estimate of $0.43. Sales were $204.62 million, also surpassing the $203.33 million estimate. However, both EPS and sales showed a slight decline compared to the same period last year.
July 26, 2024 | 12:05 pm
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First Hawaiian reported Q2 EPS of $0.48, beating the $0.43 estimate, and sales of $204.62M, surpassing the $203.33M estimate. Despite the beats, both EPS and sales showed slight declines YoY.
The earnings and sales beats are positive indicators and likely to boost investor confidence in the short term. However, the slight YoY declines may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100