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

Territorial Bancorp

03/05/2024 22:33

* Territorial Bancorp Inc  TBNK.OQ  reported a quarterly
adjusted
loss of 6 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 26 cents.  The mean expectation of two analysts for the
quarter was for earnings of 2 cents per share. 
    * Revenue fell 28.8% to $9.03 million from a year ago;
analysts
expected $9.89 million. 
    * Territorial Bancorp Inc shares had fallen by 1.7% this
quarter and lost 29.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 May 3 at 09:33
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
 Mar. 31 2024      0.02           -0.06          Missed
 Dec. 31 2023      0.07           0.05           Missed
 Sep. 30 2023      0.15           0.10           Missed
 Jun. 30 2023      0.20           0.17           Missed