Umpqua Holdings Corp. Earnings Retreat 7% In Q4

(RTTNews) - Umpqua Holdings Corp. (UMPQ) announced a profit for fourth quarter that lost ground compared to the same period last year.

The company said its earnings totaled $60.21 million, or $0.27 per share. This was down from $64.42 million, or $0.29 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Umpqua Holdings Corp. earnings at a glance:

-Earnings (Q4): $60.21 Mln. vs. $64.42 Mln. last year. -Earnings Decline (Y-o-Y): -6.5% -EPS (Q4): $0.27 vs. $0.29 last year. -EPS Decline (Y-o-Y): -6.9% -Analysts Estimate: $0.28