Revenue Beat: Plumas Bancorp Exceeded Revenue Forecasts By 13% And Analysts Are Updating Their Estimates

Plumas Bancorp (NASDAQ:PLBC) just released its full-year report and things are looking bullish. Plumas Bancorp beat expectations, with revenue hitting US$81m (13% ahead of estimates) and EPS reaching US$4.80 (a 2.1% beat). The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Plumas Bancorp

Taking into account the latest results, the consensus forecast from Plumas Bancorp's dual analysts is for revenues of US$85.4m in 2025. This reflects a modest 5.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to shrink 3.0% to US$4.71 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$83.3m and earnings per share (EPS) of US$4.50 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$54.00, suggesting that the forecast performance does not have a long term impact on the company's valuation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Plumas Bancorp's revenue growth is expected to slow, with the forecast 5.1% annualised growth rate until the end of 2025 being well below the historical 15% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.8% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Plumas Bancorp.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Plumas Bancorp's earnings potential next year. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Plumas Bancorp going out as far as 2026, and you can see them free on our platform here.

Even so, be aware that Plumas Bancorp is showing 1 warning sign in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.