(RTTNews) – Wintrust Financial Corp. (WTFC) revealed a profit for its third quarter that Increased from last year and beat the Street estimates.
The company’s bottom line came in at $216.25 million, or $2.78 per share. This compares with $170.00 million, or $2.47 per share, last year.
Excluding items, Wintrust Financial Corp. reported adjusted earnings of $3.06 per share for the period.
Analysts on average had expected the company to earn $2.87 per share. Analysts’ estimates typically exclude special items.
The company’s revenue for the period rose 13.3% to $697.84 million from $615.73 million last year.
Wintrust Financial Corp. earnings at a glance (GAAP) :
-Earnings: $216.25 Mln. vs. $170.00 Mln. last year.
-EPS: $2.78 vs. $2.47 last year.
-Revenue: $697.84 Mln vs. $615.73 Mln last year.
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