Bank of Hawaii Corp. Reveals 18% Drop In Q3 Earnings

(RTTNews) - Bank of Hawaii Corp. (BOH) reported earnings for third quarter that fell compared to the same period last year.

The company said its bottom line fell to $34.28 million, or $0.79 per share. This was lower than $41.77 million, or $0.95 per share, in last year's third quarter.

Analysts had expected the company to earn $0.95 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Bank of Hawaii Corp. earnings at a glance:

-Earnings (Q3): $34.28 Mln. vs. $41.77 Mln. last year. -Earnings Decline (Y-o-Y): -17.9% -EPS (Q3): $0.79 vs. $0.95 last year. -EPS Decline (Y-o-Y): -16.8% -Analysts Estimate: $0.95