First Hawaiian (FHB) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - First Hawaiian (FHB) is expected to report a year-over-year increase in earnings of +8.1%, with earnings projected at $0.40 per share, despite a revenue decline of 11.4% to $186.28 million for the quarter ended December 2024 [3][12]. Earnings Expectations - The earnings report is scheduled for January 31, 2025, and could influence stock movement based on whether the results exceed or fall short of expectations [2][12]. - The consensus EPS estimate has been revised 1.64% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for First Hawaiian is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -27.50%, suggesting a bearish outlook from analysts [10][11]. - Despite the negative Earnings ESP, First Hawaiian holds a Zacks Rank of 1 (Strong Buy), complicating predictions regarding an earnings beat [11]. Historical Performance - In the last reported quarter, First Hawaiian exceeded the consensus EPS estimate by +9.09%, with actual earnings of $0.48 per share compared to an expected $0.44 [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Industry Context - In the Zacks Banks - West industry, Preferred Bank (PFBC) is expected to report earnings of $2.42 per share, reflecting a year-over-year decline of -6.9%, with revenues projected at $70 million, down 2.1% [17]. - The consensus EPS estimate for Preferred Bank has been revised 3.4% higher, but a lower Most Accurate Estimate results in an Earnings ESP of -0.62%, indicating uncertainty about beating the consensus [18].