Central Pacific Financial Corp. (CPF) Releases Quarterly Earnings Results
Central Pacific Financial Corp. (NYSE:CPF) announced its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.05, AnalystRatings.Net reports.
Shares of Central Pacific Financial Corp. (NYSE:CPF) traded down 1.19% during mid-day trading on Wednesday, hitting $18.32. The stock had a trading volume of 3,598 shares. Central Pacific Financial Corp. has a one year low of $13.70 and a one year high of $19.21. The stock has a 50-day moving average of $17.6 and a 200-day moving average of $17.22. The company has a market cap of $771.1 million and a P/E ratio of 4.48.
On a related note, analysts at Zacks upgraded shares of Central Pacific Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $20.20 price target on the stock.
Central Pacific Financial Corp. (NYSE:CPF) is a bank holding company.
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