Central Pacific Financial Q3 2023 Earnings Review

Wednesday, 31 July 2024, 10:38

Central Pacific Financial has reported a GAAP EPS of $0.58, which exceeds analyst expectations by $0.11. However, the company's revenue amounted to $61.82 million, falling short of forecasts by $0.1 million. This performance reflects mixed results for the financial institution as it navigates a challenging economic environment.
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Central Pacific Financial Q3 2023 Earnings Review

Central Pacific Financial Q3 Earnings Overview

Central Pacific Financial recently released its financial results for the third quarter of 2023. The company achieved a GAAP EPS of $0.58, which was higher than analysts' expectations by $0.11.

Revenue Results

  • The reported revenue was $61.82 million.
  • This figure is less than expected, missing projections by $0.1 million.

This mixed performance highlights the challenges Central Pacific Financial faces in today's economic landscape, prompting analysts to reassess their outlook and strategies moving forward.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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