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People's United Financial Inc. (PBCT) announced a profit for its first quarter that rose from last year.


RTTNews | Apr 22, 2021 04:03PM EDT

16:03 Thursday, April 22, 2021 (RTTNews.com) - People's United Financial Inc. (PBCT) announced a profit for its first quarter that rose from last year.

The company's earnings came in at $141.0 million, or $0.33 per share. This compares with $126.9 million, or $0.30 per share, in last year's first quarter.

Excluding items, People's United Financial Inc. reported adjusted earnings of $156.5 million or $0.37 per share for the period.

Analysts had expected the company to earn $0.34 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 (Q1): $156.5 Mln. vs. $141.1 Mln. last year.-EPS (Q1): $0.37 vs. $0.33 last year.-Analysts Estimate: $0.34

Read the original article on RTTNews ( https://www.rttnews.com/3187426/people-s-united-financial-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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