HONOLULU (AP) — HONOLULU (AP) — First Hawaiian Inc. (FHB) on Friday reported second-quarter earnings of $73.4 million. The bank, based in Honolulu, said it had earnings of 60 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 60 cents per share. The bank holding company posted revenue of $292.6 million in the period.
Its revenue net of interest expense was $231.3 million, beating Street forecasts. Three analysts surveyed by Zacks expected $227.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on FHB at https://www.zacks.com/ap/FHB Source (NEE) on Friday reported second-quarter profit of $3.14 billion. The Juno Beach, Florida-based company said it had net income of $1.50 per share.
Earnings, adjusted for non-recurring gains, came to $1.15 per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share.
The parent company of Florida Power & Light Co. posted revenue of $7.53 billion in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $7.99 billion.
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