Synovus Financial Q4 adjusted earnings Miss Estimates

(RTTNews) - Synovus Financial (SNV) released a profit for its fourth quarter that climbed from the same period last year.

The company's profit came in at $101.92 million, or $0.87 per share. This compares with $27.05 million, or $0.23 per share, in last year's fourth quarter.

Excluding items, Synovus Financial reported adjusted earnings of $107.23 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synovus Financial earnings at a glance:

-Earnings (Q4): $107.23 Mln. vs. $85.96 Mln. last year. -EPS (Q4): $0.92 vs. $0.72 last year. -Analysts Estimate: $0.93