(RTTNews) - AMERIS BANCORP (ABCB) reported earnings for its third quarter that Increased from last year but missed the Street estimates.
The company's bottom line totaled $106.03 million, or $1.54 per share. This compares with $99.21 million, or $1.44 per share, last year.
Excluding items, AMERIS BANCORP reported adjusted earnings of $105.29 million or $1.53 per share for the period.
Analysts on average had expected the company to earn $1.59 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.2% to $237.96 million from $214.06 million last year.
AMERIS BANCORP earnings at a glance (GAAP) :
-Earnings: $106.03 Mln. vs. $99.21 Mln. last year. -EPS: $1.54 vs. $1.44 last year. -Revenue: $237.96 Mln vs. $214.06 Mln last year.
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