Webster Financial Corp. Earnings Rise In Q3

(RTTNews) - Webster Financial Corp. (WBS) announced a profit for its third quarter that rose from the same period last year.

The company's profit totaled $97.46 million, or $1.06 per share. This compares with $62.43 million, or $0.67 per share, in last year's third quarter.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Webster Financial Corp. earnings at a glance:

-Earnings (Q3): $97.46 Mln. vs. $62.43 Mln. last year. -EPS (Q3): $1.06 vs. $0.67 last year. -Analysts Estimate: $0.94