People's United Financial Inc. Q1 Income Climbs 7%

(RTTNews) - People's United Financial Inc. (PBCT) announced earnings for its first quarter that advanced from last year.

The company said its bottom line climbed to $67.3 million, or $0.22 per share. This was up from $62.9 million, or $0.21 per share, in last year's first quarter.

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

People's United Financial Inc. earnings at a glance:

-Earnings (Q1): $67.3 Mln. vs. $62.9 Mln. last year. -Earnings Growth (Y-o-Y): 7.0% -EPS (Q1): $0.22 vs. $0.21 last year. -EPS Growth (Y-o-Y): 4.8% -Analysts Estimate: $0.22