BIRMINGHAM (ALABAMA) (dpa-AFX) - Regions Financial Corp. (RF) revealed earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $548 million, or $0.61 per share. This compares with $446 million, or $0.49 per share, last year.
Excluding items, Regions Financial Corp. reported adjusted earnings of $561 million or $0.63 per share for the period.
Analysts on average had expected the company to earn $0.60 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.0% to $1.916 billion from $1.790 billion last year.
Regions Financial Corp. earnings at a glance (GAAP) :
-Earnings: $548 Mln. vs. $446 Mln. last year. -EPS: $0.61 vs. $0.49 last year. -Revenue: $1.916 Bln vs. $1.790 Bln last year.
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