New York Community Bancorp Inc. Q3 adjusted earnings Miss Estimates

New York Community Bancorp Inc. (NYCB) released earnings for its third quarter that increased from the same period last year.

The company's earnings totaled $140 million, or $0.30 per share. This compares with $107 million, or $0.23 per share, in last year's third quarter.

Excluding items, New York Community Bancorp Inc. reported adjusted earnings of $145 million or $0.31 per share for the period.

Analysts had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.5% to $333 million from $296 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q3): $145 Mln. vs. $116 Mln. last year.
-Analysts Estimate: $0.32
-Revenue (Q3): $333 Mln vs. $296 Mln last year.

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