People's United Financial Inc. Q3 adjusted earnings Beat Estimates

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(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

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