Why First Hawaiian Bank (FHB) shares are sliding today
Shares of hawaiian banking company First Hawaiian (NASDAQ:FHB) fell 3.7% in the afternoon session after the company reported third-quarter financial results, with diluted earnings per share below Wall Street estimates. According to the company’s press release, First Hawaiian earned 52 cents a share, 7 cents below the 59-cent consensus. Net income was $63.7 million, down from $73.4 million in the prior quarter and $73.8 million a year earlier. Revenue of $230.23 million was just above the $229.2
What This Story Means
Claude is explaining the story in plain words…
Read the Full Story at the Source
The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo