Central Pacific Financial Corp. Q3 Profit Rises 3%

(RTTNews) - Central Pacific Financial Corp. (CPF) released earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line advanced to $11.81 million, or $0.39 per share. This was higher than $11.47 million, or $0.37 per share, in last year's third quarter.

Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $42.0 million. This was up from $39.43 million last year.

Central Pacific Financial Corp. earnings at a glance:

-Earnings (Q3): $11.81 Mln. vs. $11.47 Mln. last year. -Earnings Growth (Y-o-Y): 3.0% -EPS (Q3): $0.39 vs. $0.37 last year. -EPS Growth (Y-o-Y): 5.4% -Analysts Estimate: $0.41 -Revenue (Q3): $42.0 Mln vs. $39.43 Mln last year. -Revenue Change (Y-o-Y): 6.5%