Territorial Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Territorial Bancorp

26/01/2024 21:56

* Territorial Bancorp Inc  TBNK.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 39 cents.  The mean expectation of
two analysts for the quarter was for earnings of 7 cents per
share. Wall Street expected results to range from 6 cents to 7
cents per share.
    * Revenue fell 31.6% to $9.87 million from a year ago;
analysts
expected $10.26 million. 
    * Territorial Bancorp Inc's reported EPS for the quarter was
4
cents​.
    * The company reported quarterly net income of $334
thousand.
    * Territorial Bancorp Inc shares had fallen by 1.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 46.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "sell."

Wall Street's median 12-month price target for Territorial
Bancorp Inc is $9.00 
This summary was machine generated from LSEG data January 26 at
09:55 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.07           0.04           Missed
 Sep. 30 2023      0.15           0.10           Missed
 Jun. 30 2023      0.20           0.17           Missed
 Mar. 31 2023      0.30           0.26           Missed