On Monday, July 26, Bank of Hawaii BOH will release its latest earnings report. Decipher the announcement with Benzinga's help.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Based on Bank of Hawaii management projections, analysts predict EPS of $1.31 on revenue of $166.28 million. In the same quarter last year, Bank of Hawaii announced EPS of $0.98 on revenue of $177.96 million.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The analyst consensus estimate would represent a 33.67% increase in the company's earnings. Revenue would have fallen 6.56% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q1 2021||Q4 2020||Q3 2020||Q2 2020|
|Revenue Estimate||164.69 M||166.06 M||162.50 M||166.72 M|
|Revenue Actual||163.54 M||164.76 M||165.90 M||177.96 M|
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Shares of Bank of Hawaii were trading at $80.93 as of July 22. Over the last 52-week period, shares are up 41.91%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Bank of Hawaii is scheduled to hold the call at 14:00:00 ET and can be accessed here.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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