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Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:22 EDTCPFCentral Pacific revises reported Q4 EPS and loan loss provision
Central Pacific revised its previously announced Q4 because certain third party market data applied in the calculation of its allowance for loan and lease losses was not updated. As a result of this error, its Q4 EPS is expected to be 24c per diluted share, vs. the previously announced 21c. Q4 provision for loan and lease losses is expected to improve to a credit of $1.3M vs. the previously reported provision for loan and lease losses of $0.8M.
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