Central Pacific Financial Q3 Adj $0.58 Beats $0.56 Estimate, Sales $53.85M Beat $53.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Central Pacific Financial (NYSE:CPF) reported Q3 earnings of $0.58 per share, beating estimates of $0.56 and showing an 18.37% increase from last year. Sales were $53.85M, surpassing the $53.25M estimate and marking a 3.70% increase from the previous year.
October 30, 2024 | 10:42 am
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Central Pacific Financial's Q3 earnings and sales exceeded analyst expectations, with earnings per share at $0.58 and sales at $53.85M. This reflects significant growth compared to the previous year.
CPF's earnings per share and sales both exceeded analyst estimates, indicating strong financial performance. The significant year-over-year growth in both metrics suggests positive investor sentiment and potential upward movement in stock price.
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