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Community Bank System Inc. Profit Advances In Q3

Community Bank System Inc. (CBU) revealed earnings for its third quarter that increased from the same period last year.

The company's profit came in at $43.11 million, or $0.83 per share. This compares with $35.24 million, or $0.68 per share, in last year's third quarter.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Community Bank System Inc. earnings at a glance:

-Earnings (Q3): $43.11 Mln. vs. $35.24 Mln. last year.
-EPS (Q3): $0.83 vs. $0.68 last year.
-Analysts Estimate: $0.78

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