Central Pacific Financial Corp. Profit Retreats 18% In Q4

(RTTNews) - Central Pacific Financial Corp. (CPF) revealed earnings for fourth quarter that fell compared to the same period last year.

The company said its earnings came in at $10.93 million, or $0.34 per share. This was down from $13.27 million, or $0.37 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Central Pacific Financial Corp. earnings at a glance:

-Earnings (Q4): $10.93 Mln. vs. $13.27 Mln. last year. -Earnings Decline (Y-o-Y): -17.6% -EPS (Q4): $0.34 vs. $0.37 last year. -EPS Decline (Y-o-Y): -8.1% -Analysts Estimate: $0.34