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 and are trading at $21.82 , down-from-52-week-high.
Central Pacific Financial follows other major Financial sector earnings this month
Central Pacific Financial's report follows an earnings beat by JPMorgan on October 14, 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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