BankUnited, Inc. (BKU) released earnings for first quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $47.980 million, or $0.64 per share. This compares with $52.882 million, or $0.70 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
BankUnited, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $47.980 Mln. vs. $52.882 Mln. last year.
-EPS (Q1): $0.64 vs. $0.70 last year.
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