Plumas Bancorp Bottom Line Falls In Q3, But Beats Estimates

(RTTNews) - Plumas Bancorp (PLBC) announced a profit for third quarter that Dropped, from the same period last year but beat the Street estimates.

The company's bottom line totaled $5.14 million, or $0.73 per share. This compares with $7.83 million, or $1.31 per share, last year.

Analysts on average had expected the company to earn $0.65 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 36.3% to $29.79 million from $21.86 million last year.

Plumas Bancorp earnings at a glance (GAAP) :

-Earnings: $5.14 Mln. vs. $7.83 Mln. last year. -EPS: $0.73 vs. $1.31 last year. -Revenue: $29.79 Mln vs. $21.86 Mln last year.