Boston Private Financial Holdings Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Boston Private Financial Holdings Inc. (BPFH) announced a profit for first quarter that fell from the same period last year.

The company's earnings came in at $19.4 million, or $0.25 per share. This compares with $22.7 million, or $0.27 per share, in last year's first quarter.

Excluding items, Boston Private Financial Holdings Inc. reported adjusted earnings of $20.7 million or $0.27 per share for the period.

Analysts had expected the company to earn $0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Boston Private Financial Holdings Inc. earnings at a glance:

-Earnings (Q1): $20.7 Mln. vs. $22.7 Mln. last year. -EPS (Q1): $0.27 vs. $0.27 last year. -Analysts Estimate: $0.21