Astoria Financial Corp (AF) Releases Earnings Results, Reports EPS of $0.16 EPS

Astoria Financial Corp (AF) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.16 EPS for the quarter. Analysts had a consensus estimate of $0.16. Analysts expectations of $98.45 million. During the same quarter in the previous year, the company posted $0.17 EPS.

Astoria Financial Corp opened for trading at $15.24 and hit $15.43 on the upside on Friday, eventually ending the session at $15.35, with a gain of 0.39% or 0.06 points. The heightened volatility saw the trading volume jump to 3,90,110 shares. Company has a market cap of $1,557 M.

In a different news, on May 15, 2015, Robert J Destefano (Executive Vice President) sold 2,500 shares at $13.23 per share price. According to the SEC, on Feb 23, 2015, Josie Callari (Executive Vice President) sold 5,000 shares at $13.00 per share price. On Feb 9, 2015, Matthew J Gutauskas (Executive Vice President) sold 10,358 shares at $12.99 per share price, according to the Form-4 filing with the securities and exchange commission.

Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business includes the operation of its wholly owned subsidiary Astoria Bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits together with funds generated from operations principal repayments on loans and securities and borrowings in multi-family and commercial real estate mortgage loans one-to-four family or residential mortgage loans and mortgage-backed securities. Astoria Bank also invests in consumer and other loans the United States Government Government agency and Government-sponsored enterprise (GSE) securities and other investments.

Astoria Financial Corp

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