Investing.com - Central Pacific Financial reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Central Pacific Financial announced earnings per share of $0.61 on revenue of $64.99. Analysts polled by Investing.com anticipated EPS of $0.60 on revenue of $65.88M.
Central Pacific Financial shares are down 22.54% from the beginning of the year , still down 29.54% from its 52 week high of $30.97 set on Friday, January 14, 2022.
Central Pacific Financial follows other major Financial sector earnings this month
Central Pacific Financial's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
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