Boston Private Financial Holdings Inc. Earnings Climb In Q1

(RTTNews) - Boston Private Financial Holdings Inc. (BPFH) announced a profit for its first quarter that advanced from last year.

The company's bottom line came in at $22.7 million, or $0.27 per share. This compares with $15.7 million, or $0.17 per share, in last year's first quarter.

Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.7% to $97.13 million from $90.15 million last year.

Boston Private Financial Holdings Inc. earnings at a glance:

-Earnings (Q1): $22.7 Mln. vs. $15.7 Mln. last year. -EPS (Q1): $0.27 vs. $0.17 last year. -Analysts Estimate: $0.22 -Revenue (Q1): $97.13 Mln vs. $90.15 Mln last year.