суббота, 3 марта 2012 г.

In Brief: Oriental Financial's Stock Plunges 32%.(Brief Article)

Oriental Financial Group Inc. reported that first-quarter profit fell 19.6% from a year earlier, to $13.1 million, mainly because of a steep drop in gains from securities sales.

According to Thomson First Call, earnings of 46 cents a share, announced Wednesday, were 22 cents short of the average analyst estimate. The San Juan company's stock fell 32.3% Thursday -- the third time in recent weeks that investors have punished a Puerto Rican banking company.

The $4.2 billion-asset Oriental said securities gains shrank 86.7%, to $444.000; a year earlier those gains had …

Комментариев нет:

Отправить комментарий