Can First Hawaiian (FHB) Run Higher on Rising Earnings Estimates?

Core Viewpoint - First Hawaiian (FHB) is positioned as a strong investment opportunity due to significant revisions in earnings estimates, indicating a positive earnings outlook that may continue to drive stock performance [1][7]. Earnings Estimate Revisions - Current-quarter earnings are projected at $0.46 per share, reflecting a year-over-year increase of +9.52%. Over the past 30 days, three estimates have been revised upward, with no negative revisions, leading to a 13.11% increase in the Zacks Consensus Estimate [4]. - For the full year, the earnings estimate stands at$ 1.89 per share, representing a +5.59% change from the previous year. In the last month, four estimates have been raised, resulting in a 10.94% increase in the consensus estimate [5]. Analyst Sentiment - There is a strong consensus among analysts regarding the upward revision of earnings estimates for First Hawaiian, which has contributed to a favorable Zacks Rank of 1 (Strong Buy). This ranking is based on a proven track record of outperforming the market [3][6]. Stock Performance - The stock has experienced a 9.8% gain over the past four weeks, driven by positive earnings growth prospects, suggesting that it may be a timely addition to investment portfolios [7].