Astoria Financial Reveals 25% Retreat In Q1 Earnings

(RTTNews) - Astoria Financial (AF) revealed earnings for first quarter that fell compared to the same period last year.

The company said its bottom line dropped to $12.21 million, or $0.12 per share. This was lower than $16.37 million, or $0.16 per share, in last year's first quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Astoria Financial earnings at a glance:

-Earnings (Q1): $12.21 Mln. vs. $16.37 Mln. last year. -Earnings Decline (Y-o-Y): -25.4% -EPS (Q1): $0.12 vs. $0.16 last year. -EPS Decline (Y-o-Y): -25.0% -Analysts Estimate: $0.14