(Reuters) - Net income for the Paramus-based parent of Hudson City
Savings Bank fell to $72.7 million from $73.2 million a year
earlier. Profit per share rose to 14 cents from 13 cents
because the company had fewer shares outstanding.
Analysts on average forecast profit of 14 cents per share,
according to Reuters Estimates. Hudson City said it will buy
back up to 51.4 million shares, or 10 percent of its stock, and
boosted its quarterly common stock dividend 6 percent to 8.5
cents per share.
Read more at Reuters.com Market News
Savings Bank fell to $72.7 million from $73.2 million a year
earlier. Profit per share rose to 14 cents from 13 cents
because the company had fewer shares outstanding.
Analysts on average forecast profit of 14 cents per share,
according to Reuters Estimates. Hudson City said it will buy
back up to 51.4 million shares, or 10 percent of its stock, and
boosted its quarterly common stock dividend 6 percent to 8.5
cents per share.
Read more at Reuters.com Market News
No comments:
Post a Comment