Central Pacific Financial (CPF) Lags Q3 Earnings Estimates

Core Insights - Central Pacific Financial (CPF) reported quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.74 per share, but showing an increase from $0.58 per share a year ago, resulting in an earnings surprise of -1.35% [1] - The company posted revenues of $74.81 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.41% and up from $66.58 million year-over-year [2] - The stock has underperformed the market with a gain of about 4.2% since the beginning of the year compared to the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.77 on revenues of $75.55 million, and for the current fiscal year, it is $2.85 on revenues of $291.8 million [7] - The estimate revisions trend for Central Pacific Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - West is currently in the top 11% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]