The results exceeded Wall Street estimates of $1.64 a share.
Analysts said that while strong, the results fell at the low end of Wall Street estimates.
For the quarter, that business was down 34 percent at $108 million in sales, below some Wall Street estimates.
Wall Street estimates had been for profits of about 21 cents a share, and the reaction was swift.
One Wall Street estimate is that $75 billion in such offerings will come out over the next couple of years.
The results were a shade worse than Wall Street estimates.
Most Wall Street estimates had been in the range of $1.25 to $1.75 a share.
The average Wall Street estimate had been for earnings of $1 a share.
Still, the figure was nearly $1 billion higher than most Wall Street estimates.
The results were in line with consensus Wall Street estimates.
The results exceeded Wall Street estimates of $1.64 a share.
Analysts said that while strong, the results fell at the low end of Wall Street estimates.
For the quarter, that business was down 34 percent at $108 million in sales, below some Wall Street estimates.
Wall Street estimates had been for profits of about 21 cents a share, and the reaction was swift.
One Wall Street estimate is that $75 billion in such offerings will come out over the next couple of years.
The results were a shade worse than Wall Street estimates.
Most Wall Street estimates had been in the range of $1.25 to $1.75 a share.
The average Wall Street estimate had been for earnings of $1 a share.
Still, the figure was nearly $1 billion higher than most Wall Street estimates.
The results were in line with consensus Wall Street estimates.
