Central Pacific Financial Corp. Reveals 8% Increase In Q1 Bottom Line

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

The company said its bottom line advanced to $11.18 million, or $0.35 per share. This was higher than $10.40 million, or $0.29 per share, in last year's first quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Central Pacific Financial Corp. earnings at a glance:

-Earnings (Q1): $11.18 Mln. vs. $10.40 Mln. last year. -Earnings Growth (Y-o-Y): 7.5% -EPS (Q1): $0.35 vs. $0.29 last year. -EPS Growth (Y-o-Y): 20.7% -Analysts Estimate: $0.33