(RTTNews) - Peoples Bancorp Inc. (PEBO) revealed a profit for third quarter that Dropped, from the same period last year but beat the Street estimates.
The company's bottom line came in at $29.22 million, or $0.83 per share. This compares with $31.41 million, or $0.89 per share, last year.
Analysts on average had expected the company to earn $0.82 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.7% to $91.35 million from $88.91 million last year.
Peoples Bancorp Inc. earnings at a glance (GAAP) :
-Earnings: $29.22 Mln. vs. $31.41 Mln. last year. -EPS: $0.83 vs. $0.89 last year. -Revenue: $91.35 Mln vs. $88.91 Mln last year.
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