Plumas Bancorp (PLBC) Tops Q4 Earnings and Revenue Estimates

Group 1 - Plumas Bancorp (PLBC) reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of$ 1.15 per share, and showing a slight increase from $1.27 per share a year ago, resulting in an earnings surprise of 12.17% [1] - The company achieved revenues of$ 21.16 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.22%, compared to $20.01 million in the same quarter last year [2] - Over the last four quarters, Plumas Bancorp has surpassed consensus EPS estimates three times and has also topped consensus revenue estimates three times [2] Group 2 - The stock has underperformed the market, losing about 5.4% since the beginning of the year, while the S&P 500 has declined by only 0.7% [3] - The current consensus EPS estimate for the upcoming quarter is$ 1.01 on revenues of $19.8 million, and for the current fiscal year, it is$ 4.45 on revenues of $80.8 million [7] - The Zacks Industry Rank for Banks - West is currently in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - The estimate revisions trend for Plumas Bancorp is mixed, leading to a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]