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

Territorial Bancorp

26/07/2024 22:43

* Territorial Bancorp Inc  TBNK.OQ  reported a quarterly
adjusted
loss of 9 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 17 cents.  The mean expectation of two analysts for the
quarter was for a loss of 3 cents per share. 
    * Revenue fell 24.5% to $8.90 million from a year ago;
analysts
expected $9.03 million. 
    * Territorial Bancorp Inc's reported EPS for the quarter was
a
loss of 9 cents​.
    * The company reported a quarterly loss of $775 thousand.
    * Territorial Bancorp Inc shares had risen by 22.8% this
quarter and lost 10.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 220%
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," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Territorial
Bancorp Inc is $8.83 
This summary was machine generated from LSEG data July 26 at
09:43 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
 Jun. 30 2024      -0.03          -0.09          Missed
 Mar. 31 2024      0.02           -0.06          Missed
 Dec. 31 2023      0.07           0.05           Missed
 Sep. 30 2023      0.15           0.10           Missed