India, Jan. 28 -- Western New England Bancorp, Inc. (WNEB) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $3.29 million, or $0.16 per share. This compares with $2.51 million, or $0.12 per share, last year.
Analysts on average had expected the company to earn $0.12 per share. Analysts' estimates typically exclude special items.
Western New England Bancorp, Inc. earnings at a glance (GAAP) :
-Earnings: $3.29 Mln. vs. $2.51 Mln. last year.-EPS: $0.16 vs. $0.12 last year.
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