Community Bank System Inc. Earnings Advance 9% In Q3

(RTTNews) - Community Bank System Inc. (CBU) revealed a profit for its third quarter that gained ground from last year.

The company said its bottom line rose to $27.16 million, or $0.61 per share. This was up from $25.02 million, or $0.60 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q3): $27.16 Mln. vs. $25.02 Mln. last year. -Earnings Growth (Y-o-Y): 8.6% -EPS (Q3): $0.61 vs. $0.60 last year. -EPS Growth (Y-o-Y): 1.7% -Analysts Estimate: $0.59