Brookline Bancorp Inc. (BRKL) reported earnings for fourth quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $17.54 million, or $0.20 per share. This compares with $22.89 million, or $0.26 per share, last year.
Excluding items, Brookline Bancorp Inc. reported adjusted earnings of $20.7 million or $0.23 per share for the period.
Analysts on average had expected the company to earn $0.24 per share. Analysts' estimates typically exclude special items.
Brookline Bancorp Inc. earnings at a glance (GAAP) :
-Earnings: $17.54 Mln. vs. $22.89 Mln. last year.
-EPS: $0.20 vs. $0.26 last year.
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