Territorial Bancorp Q2 EPS $(0.09) Misses $(0.03) Estimate, Sales $8.90M Miss $9.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Territorial Bancorp (NASDAQ:TBNK) reported a Q2 EPS of $(0.09), missing the $(0.03) estimate by 200%. Sales were $8.90M, missing the $9.03M estimate by 1.46%. This represents a significant decline from the same period last year.
July 26, 2024 | 8:33 pm
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NEGATIVE IMPACT
Territorial Bancorp reported a Q2 EPS of $(0.09), missing the $(0.03) estimate by 200%. Sales were $8.90M, missing the $9.03M estimate by 1.46%. This represents a significant decline from the same period last year.
The significant miss on both EPS and sales estimates, coupled with a substantial year-over-year decline, is likely to negatively impact TBNK's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100