Latest news with #BOH
Yahoo
21-04-2025
- Business
- Yahoo
Bank of Hawaii (BOH) Earnings Expected to Grow: Should You Buy?
Bank of Hawaii (BOH) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on April 21, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.89 per share in its upcoming report, which represents a year-over-year change of +2.3%. Revenues are expected to be $167.66 million, up 7.3% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Bank of Hawaii, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.83%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Bank of Hawaii will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Bank of Hawaii would post earnings of $0.87 per share when it actually produced earnings of $0.85, delivering a surprise of -2.30%. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Bank of Hawaii doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Banks - West industry, Western Alliance (WAL), is soon expected to post earnings of $1.78 per share for the quarter ended March 2025. This estimate indicates a year-over-year change of +3.5%. Revenues for the quarter are expected to be $794.4 million, up 7.6% from the year-ago quarter. The consensus EPS estimate for Western Alliance has been revised 3.1% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of 0.30%. This Earnings ESP, combined with its Zacks Rank #4 (Sell), makes it difficult to conclusively predict that Western Alliance will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of Hawaii Corporation (BOH) : Free Stock Analysis Report Western Alliance Bancorporation (WAL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
06-02-2025
- Health
- Yahoo
Amherst to host tobacco, vape regulations hearing
AMHERST, Mass. (WWLP) – The Amherst Board of Health is holding a public hearing to talk about the proposed changes to tobacco and vape regulations. Fifth annual Fire & Ice Festival returns to Amherst The board says they want to share information about the proposals that include the following: Retitle the Regulations to 'Restricting the Sale of Tobacco and Vape Products.' Changes to tobacco sales permits, including number of permits, and reasons forrevocation of permits. Adopt a unified fining structure for all tobacco violations. Require the BOH to hold a hearing if there are four violations within a three-year period. Eliminate the regulation prohibiting anyone under the age of 21 from selling tobaccoproducts, except in adult-only tobacco retailers. Eliminate 'Tobacco Quiz' requirement for tobacco sellers. Update regulations on Oral Nicotine Pouches. Update the price of cigars to match state regulations. Clarify the definition for Tobacco Product Flavor Enhancer to include flavored rollingpapers. Updates to other definitions. No vote will be taken, but they're inviting business owners and residents to give their opinions on the changes before any final decisions are made. The meeting happens Thursday at 5:00 p.m. at the Bangs Community Center. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Washington Post
27-01-2025
- Business
- Washington Post
Bank of Hawaii: Q4 Earnings Snapshot
HONOLULU — HONOLULU — Bank of Hawaii Corp. (BOH) on Monday reported fourth-quarter profit of $39.2 million. The Honolulu-based bank said it had earnings of 85 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.
