Will Bank of Hawaii (BOH) Gain on Rising Earnings Estimates?

Core Viewpoint - Bank of Hawaii (BOH) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Current-Quarter Estimate Revisions - The expected earnings per share for the current quarter is $0.88, reflecting a year-over-year increase of +1.15% - The Zacks Consensus Estimate for Bank of Hawaii has risen by 11.11% over the past 30 days, with one estimate increasing and no negative revisions [4]. Current-Year Estimate Revisions - For the full year, the expected earnings per share is$ 3.87, representing a change of +9.63% from the previous year - In the last month, four estimates have been revised upward, contributing to an 11.93% increase in the consensus estimate with no negative revisions [5]. Favorable Zacks Rank - The positive estimate revisions have led to Bank of Hawaii achieving a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance - Research indicates that stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500 [6]. Bottom Line - Strong estimate revisions have resulted in a 6.7% increase in Bank of Hawaii's stock price over the past four weeks, suggesting further upside potential and making it a candidate for portfolio addition [7].