Plumas Bancorp reports results for the quarter ended in March - Earnings Summary

Plumas Bancorp

17/04/2024 14:32

* Plumas Bancorp  PLBC.OQ  reported quarterly adjusted
earnings of
$1.05​​ per share for the quarter ended in March.  The lone
analyst forecast for the quarter was for earnings of $1.19 per
share. 
    * Revenue was $195.97 million​; analysts expected $19.90
million. 
    * Plumas Bancorp's reported EPS for the quarter was $1.05​.
    * The company reported quarterly net income of $7.63
million.
    * Plumas Bancorp shares had fallen by 5.1% this quarter and
lost 15.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.2%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Plumas Bancorp is
$40.00 
This summary was machine generated from LSEG data April 17 at
01:32 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
 Mar. 31 2024      1.19           1.05           Missed
 Dec. 31 2023      1.23           1.27           Beat
 Sep. 30 2023      1.22           1.34           Beat