Central Pacific Financial Corp. Profit Advances 17% In Q1

(RTTNews) - Central Pacific Financial Corp. (CPF) revealed earnings for its first quarter that increased from last year.

The company said its bottom line advanced to $13.08 million, or $0.42 per share. This was higher than $11.18 million, or $0.35 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Central Pacific Financial Corp. earnings at a glance:

-Earnings (Q1): $13.08 Mln. vs. $11.18 Mln. last year. -Earnings Growth (Y-o-Y): 17.0% -EPS (Q1): $0.42 vs. $0.35 last year. -EPS Growth (Y-o-Y): 20.0% -Analysts Estimate: $0.38