Central Pacific Financial Corp. (CPF) revealed earnings for its fourth quarter that increased compared to the same period last year.
The company said its bottom line totaled $12.21 million, or $0.39 per share. This was up from $10.93 million, or $0.34 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.0% to $39.70 million. This was up from $38.19 million last year.
Central Pacific Financial Corp. earnings at a glance:
-Earnings (Q4): $12.21 Mln. vs. $10.93 Mln. last year.
-Earnings Growth (Y-o-Y): 11.7%
-EPS (Q4): $0.39 vs. $0.34 last year.
-EPS Growth (Y-o-Y): 14.7%
-Analysts Estimate: $0.37
-Revenue (Q4): $39.70 Mln vs. $38.19 Mln last year.
-Revenue Change (Y-o-Y): 4.0%
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