Why Bank of Hawaii (BOH) Could Beat Earnings Estimates Again

Core Viewpoint - Bank of Hawaii (BOH) is well-positioned to continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1]. Earnings Performance - For the last reported quarter, Bank of Hawaii achieved earnings of $1.2 per share, exceeding the Zacks Consensus Estimate of $1.13 per share by 6.19% [2]. - In the previous quarter, the company reported earnings of $1.06 per share against an expected $1.04 per share, resulting in a surprise of 1.92% [2]. Earnings Estimates and Predictions - Recent estimates for Bank of Hawaii have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - The Zacks Earnings ESP for Bank of Hawaii is currently +2.20%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high probability of another earnings beat [8]. Statistical Insights - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time, indicating a strong predictive power for earnings performance [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7].