Analysts Estimate Bank of Hawaii (BOH) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Bank of Hawaii (BOH) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended June 2024, which could significantly influence its near-term stock price depending on how actual results compare to estimates [1][2]. Revenue Expectations - Revenues are projected to be $157.35 million, reflecting a decrease of 6.1% compared to the same quarter last year [3]. Earnings Per Share (EPS) Estimates - The consensus EPS estimate for the upcoming quarter is $0.85, indicating a year-over-year decline of 24.1% [7]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 3.76%, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][11]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.08% [11]. Historical Performance - In the last reported quarter, Bank of Hawaii was expected to post earnings of $0.92 per share but actually reported $0.87, resulting in a surprise of -5.43% [14]. - Over the past four quarters, the company has beaten consensus EPS estimates twice [15]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [19]. - Currently, Bank of Hawaii holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12][13]. Conclusion - Overall, Bank of Hawaii does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors before making investment decisions ahead of the earnings release [17].