Astoria Financial Q3 Earnings Drop 1%

(RTTNews) - Astoria Financial (AF) released a profit for third quarter that lost ground compared to the same period last year.

The company said its earnings totaled $16.50 million, or $0.16 per share. This was lower than $16.71 million, or $0.17 per share, in last year's third quarter.

Analysts had expected the company to earn $0.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Astoria Financial earnings at a glance:

-Earnings (Q3): $16.50 Mln. vs. $16.71 Mln. last year. -Earnings Decline (Y-o-Y): -1.3% -EPS (Q3): $0.16 vs. $0.17 last year. -EPS Decline (Y-o-Y): -5.9% -Analysts Estimate: $0.15