Wintrust Financial Corp. Reports Retreat In Q2 Income, Misses Estimates

(RTTNews) - Wintrust Financial Corp. (WTFC) reported earnings for second quarter that decreased from the same period last year and missed the Street estimates.

The company's bottom line came in at $152.4 million, or $2.32 per share. This compares with $154.75 million, or $2.38 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.6% to $591.75 million from $560.56 million last year.

Wintrust Financial Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $152.4 Mln. vs. $154.75 Mln. last year. -EPS (Q2): $2.32 vs. $2.38 last year. -Revenue (Q2): $591.75 Mln vs. $560.56 Mln last year.