(RTTNews) – People’s United Financial Inc. (PBCT) revealed a profit for its third quarter that advanced from last year.
The company’s bottom line came in at $141.1 million, or $0.34 per share. This compares with $131.6 million, or $0.33 per share, in last year’s third quarter.
Excluding items, People’s United Financial Inc. reported adjusted earnings of $144.7 million or $0.34 per share for the period.
Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
People’s United Financial Inc. earnings at a glance:
-Earnings (Q3): $144.7 Mln. vs. $135.5 Mln. last year. -EPS (Q3): $0.34 vs. $0.34 last year. -Analysts Estimate: $0.29
A Global Asset Management Seoul Korea Magazine