India, April 16 -- Farmers National Bancorp (FMNB) released a profit for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $13.578 million, or $0.36 per share. This compares with $11.240 million, or $0.30 per share, last year.
Excluding items, Farmers National Bancorp reported adjusted earnings of $14.6 million or $0.39 per share for the period.
Analysts on average had expected the company to earn $0.34 per share. Analysts' estimates typically exclude special items.
Farmers National Bancorp earnings at a glance (GAAP) :
-Earnings: $13.578 Mln. vs. $11.240 Mln. last year.-EPS: $0.36 vs. $0.30 last year.
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