19.04.2017 01:19:50
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Wintrust Financial Corp. Reveals 19% Gain In Q1 Earnings
(RTTNews) - Wintrust Financial Corp. (WTFC) reported a profit for its first quarter that gained ground from last year.
The company said its bottom line totaled $58.38 million, or $1.00 per share. This was higher than $49.11 million, or $0.90 per share, in last year's first quarter.
Analysts had expected the company to earn $0.90 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 8.1% to $240.26 million. This was down from $261.35 million last year.
Wintrust Financial Corp. earnings at a glance:
-Earnings (Q1): $58.38 Mln. vs. $49.11 Mln. last year. -Earnings Growth (Y-o-Y): 18.9% -EPS (Q1): $1.00 vs. $0.90 last year. -EPS Growth (Y-o-Y): 11.1% -Analysts Estimate: $0.90 -Revenue (Q1): $240.26 Mln vs. $261.35 Mln last year. -Revenue Change (Y-o-Y): -8.1%
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