TFS Financial Corporation (TFSL) Releases Earnings Results, Beats Expectations By $0.01 EPS

TFS Financial Corporation (TFSL) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.07 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.06. Analysts expectations of $68.33 million. During the same quarter in the previous year, the company posted $0.05 EPS.

TFS Financial Corporation closed down -0.07 points or -0.38% at $18.12 with 1,19,333 shares getting traded on Wednesday. Post opening the session at $18.14, the shares hit an intraday low of $18.02 and an intraday high of $18.28 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 15, 2016, David S Huffman (Chief Financial Officer) sold 9,080 shares at $17.05 per share price. According to the SEC, on Feb 17, 2016, Marc A Stefanski (Chairman, President and CEO) sold 38,489 shares at $16.34 per share price. On Nov 6, 2015, Anthony J Asher (director) sold 10,000 shares at $18.21 per share price, according to the Form-4 filing with the securities and exchange commission.

TFS Financial Corporation was organized as the holding company for Third Federal Savings and Loan Association of Cleveland (Third Federal Savings and Loan or the Association). The Company’s ownership of the Association remains its principal business activity. It also operates Third Capital Inc. as a wholly owned subsidiary. Third Capital Inc. has no separate operations other than as the holding company for its operating subsidiaries and as an investor or partner in other entities including investments in private equity funds. Third Capital Inc. is a partner of Hazelmere Investment Group I Ltd. This entity engages in net lease transactions of commercial buildings. Third Cap Associates Inc. maintains investments in private equity funds and owns 49% and 60% respectively of two title agencies that provide escrow and settlement services in the State of Ohio to customers of Third Federal Savings and Loan.

TFS Financial Corporation

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