TowneBank (TOWN) Q3 Earnings Top Estimates

TowneBank (TOWN) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.67%. A quarter ago, it was expected that this community bank would post earnings of $0.69 per share when it actually produced earnings of $0.81, delivering a surprise of +17.39%.Over the last four quarters, the compa ...