Boston Private Financial Holdings Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Boston Private Financial Holdings Inc. (BPFH) revealed a profit for third quarter that dropped from the same period last year.

The company's earnings totaled $18.0 million, or $0.20 per share. This compares with $19.8 million, or $0.22 per share, in last year's third quarter.

Excluding items, Boston Private Financial Holdings Inc. reported adjusted earnings of $22.5 million or $0.25 per share for the period.

Analysts had expected the company to earn $0.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Boston Private Financial Holdings Inc. earnings at a glance:

-Earnings (Q3): $22.5 Mln. vs. $19.8 Mln. last year. -EPS (Q3): $0.25 vs. $0.22 last year. -Analysts Estimate: $0.23