Hanmi Financial Corporation Announces Decline In Q4 Bottom Line, But Beats Estimates

Hanmi Financial Corporation (HAFC) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.

The company's earnings came in at $17.70 million, or $0.58 per share. This compares with $18.63 million, or $0.61 per share, last year.

Analysts on average had expected the company to earn $0.53 per share. Analysts' estimates typically exclude special items.

Hanmi Financial Corporation earnings at a glance (GAAP) :

-Earnings: $17.70 Mln. vs. $18.63 Mln. last year.
-EPS: $0.58 vs. $0.61 last year.

by RTTNews Staff Writer

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