Flushing Financial Corporation (FFIC) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Flushing Financial Corporation (FFIC) reported quarterly earnings results on Tuesday, Apr-26-2016. The company reported $0.33 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.34. Analysts expectations of $42.96 million. During the same quarter in the previous year, the company posted $0.31 EPS.

Flushing Financial Corporation closed down -0.15 points or -0.71% at $20.96 with 69,830 shares getting traded on Friday. Post opening the session at $21.13, the shares hit an intraday low of $20.91 and an intraday high of $21.19 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Mar 16, 2016, John R Buran (President & CEO) sold 7,000 shares at $21.44 per share price. According to the SEC, on Feb 25, 2016, Ronald Hartmann (Executive Vice President) sold 1,644 shares at $0.00 per share price. On Feb 10, 2016, Sam Sang Ki Han (director) sold 4,834 shares at $19.90 per share price, according to the Form-4 filing with the securities and exchange commission.

Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. As of December 31 2014 the Bank owned three subsidiaries: Flushing Preferred Funding Corporation (FPFC) Flushing Service Corporation and FSB Properties Inc. (Properties). The Company also owns Flushing Financial Capital Trust II Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts). The Company provides a range of lending and deposit products. As of December 31 2014 the Bank operated out of 17 full-service offices located in the New York City Boroughs of Queens Brooklyn and Manhattan and in Nassau County New York. The Company also operates an Internet branch iGObanking.com. The Bank has a business banking unit which provides a range of commercial business deposit loan and cash management products.

Flushing Financial Corporation

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