Central Pacific Financial (NYSE:CPF) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.50 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Central Pacific Financial (NYSE:CPF) last released its earnings results on Wednesday, July 24th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.04). The company had revenue of $55.47 million during the quarter, compared to analyst estimates of $55.10 million. Central Pacific Financial had a net margin of 24.06% and a return on equity of 12.18%. During the same period in the previous year, the firm posted $0.48 EPS. On average, analysts expect Central Pacific Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:CPF opened at $28.79 on Monday. The firm has a market cap of $820.15 million, a P/E ratio of 14.32 and a beta of 1.04. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.30. The stock’s 50 day simple moving average is $28.35 and its 200-day simple moving average is $28.92. Central Pacific Financial has a 12-month low of $23.23 and a 12-month high of $30.82.
CPF has been the topic of a number of recent research reports. ValuEngine lowered Central Pacific Financial from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Zacks Investment Research lowered Central Pacific Financial from a “hold” rating to a “sell” rating in a report on Thursday. Finally, Compass Point set a $29.00 target price on Central Pacific Financial and gave the company a “hold” rating in a report on Thursday, September 12th.
About Central Pacific Financial
Central Pacific Financial Corp. operates as the holding company for Central Pacific Bank that provides commercial banking products and services to businesses, professionals, and individuals in Hawaii. The company operates in three segments: Banking Operations, Treasury, and All Others. It offers various deposit products and services, including personal and business checking and savings accounts, money market accounts, and time certificates of deposit.
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