Plumas Bancorp reports results for the quarter ended December 31 - Earnings Summary

Plumas Bancorp

15/01/2025 15:41

* Plumas Bancorp  PLBC.OQ  reported quarterly adjusted
earnings of
$1.29​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
$1.27.  The mean expectation of two analysts for the quarter was
for earnings of $1.19 per share. Wall Street expected results to
range from $1.15  to $1.23 per share.
    * Revenue rose 5.8% to $21.16 million from a year ago;
analysts
expected $20.72 million. 
    * Plumas Bancorp's reported EPS for the quarter was $1.29​.
    * The company reported quarterly net income of $7.75
million.
    * Plumas Bancorp shares had fallen by 5.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "buy."

Wall Street's median 12-month price target for Plumas Bancorp is
$52.50 
This summary was machine generated from LSEG data January 15 at
03:40 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.19           1.29           Beat
 Sep. 30 2024      1.14           1.31           Beat
 Jun. 30 2024      1.09           1.14           Beat
 Mar. 31 2024      1.19           1.05           Missed