Synovus Financial Q1 adjusted earnings Beat Estimates

(RTTNews) - Synovus Financial (SNV) released earnings for its first quarter that increased from last year.

The company's profit totaled $100.61 million, or $0.84 per share. This compares with $69.30 million, or $0.56 per share, in last year's first quarter.

Excluding items, Synovus Financial reported adjusted earnings of $102.24 million or $0.86 per share for the period.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synovus Financial earnings at a glance:

-Earnings (Q1): $102.24 Mln. vs. $69.89 Mln. last year. -EPS (Q1): $0.86 vs. $0.57 last year. -Analysts Estimate: $0.79