First Hawaiian Inc reports results for the quarter ended in December - Earnings Summary

First Hawaiian

26/01/2024 19:32

* First Hawaiian Inc  FHB.OQ  reported quarterly adjusted
earnings
of 37 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 62 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 39 cents to 46 cents per share.
    * Revenue fell 25.3% to $164.22 million from a year ago;
analysts
expected $201.03 million. 
    * First Hawaiian Inc's reported EPS for the quarter was 37
cents​.
    * The company reported quarterly net income of $47.5
million.
    * First Hawaiian Inc shares had fallen by 5.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for First
Hawaiian
Inc is $22.00 

This summary was machine generated from LSEG data January 26 at
07:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.44           0.37           Missed
 Sep. 30 2023      0.43           0.46           Beat
 Jun. 30 2023      0.50           0.49           Missed
 Mar. 31 2023      0.54           0.52           Missed