Can Bank of Hawaii (BOH) Run Higher on Rising Earnings Estimates?

Core Viewpoint - Bank of Hawaii (BOH) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2]. Earnings Estimates - Analysts are increasingly optimistic about Bank of Hawaii's earnings prospects, leading to higher estimates that should reflect in the stock price [2]. - For the current quarter, the expected earnings per share (EPS) is $1.02, representing an increase of +18.6% from the previous year [6]. - The consensus estimate for the full year is projected at $4.16 per share, indicating a year-over-year change of +17.85% [7]. Estimate Revisions - Over the past 30 days, one estimate has been revised upward for the current quarter, with no negative revisions, resulting in a 6.28% increase in the Zacks Consensus Estimate [6]. - For the current year, three estimates have moved up with no negative revisions, contributing to a positive trend in consensus estimates [7]. Zacks Rank - Bank of Hawaii currently holds a Zacks Rank 2 (Buy), reflecting favorable estimate revisions and a strong potential for outperformance compared to the S&P 500 [8]. - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks averaging an annual return of +25% since 2008 [3]. Stock Performance - Bank of Hawaii shares have increased by 13% over the past four weeks, indicating investor confidence in its earnings growth prospects [9].