Boston Private Financial Holdings Inc. Earnings Fall 21% In Q3

(RTTNews) - Boston Private Financial Holdings Inc. (BPFH) announced a profit for third quarter that retreated from last year.

The company said its earnings totaled $13.68 million, or $0.16 per share. This was lower than $17.39 million, or $0.22 per share, in last year's third quarter.

Analysts had expected the company to earn $0.20 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Boston Private Financial Holdings Inc. earnings at a glance:

-Earnings (Q3): $13.68 Mln. vs. $17.39 Mln. last year. -Earnings Decline (Y-o-Y): -21.3% -EPS (Q3): $0.16 vs. $0.22 last year. -EPS Decline (Y-o-Y): -27.3% -Analysts Estimate: $0.20