Flushing Financial (FFIC) Misses Q1 EPS by 2c
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Flushing Financial Corporation Reports First Quarter 2015 Results
April 28, 2015 5:30 PM EDTFirst Quarter 2015
Core diluted earnings per common share, a non-GAAP measure, were $0.31, a decrease of $0.05, or 13.9%, from the three months ended March 31, 2014, and a decrease of $0.13, or 29.5%, from the trailing quarter. GAAP diluted earnings per common share were $0.30, a decrease of $0.04, or 11.8%, from the three months ended March 31, 2014, and a decrease of $0.08, or 21.1%, from the trailing quarter. Core return on average assets and core return on average equity, both non-GAAP measures, decreased to 0.7% and 7.9%, respectively, from 0.9% and 9.7%, respectively, for the three months ended March 31, 2014. GAAP return on average assets and GAAP... More