Dime Community Bancshares Q3 adjusted earnings Miss Estimates

(RTTNews) - Dime Community Bancshares (DCOM) announced earnings for third quarter that dropped from the same period last year.

The company's bottom line totaled $11.78 million, or $0.32 per share. This compares with $13.31 million, or $0.35 per share, in last year's third quarter.

Excluding items, Dime Community Bancshares reported adjusted earnings of $11.68 million or $0.32 per share for the period.

Analysts had expected the company to earn $0.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Dime Community Bancshares earnings at a glance:

-Earnings (Q3): $11.68 Mln. vs. $12.54 Mln. last year. -EPS (Q3): $0.32 vs. $0.33 last year. -Analysts Estimate: $0.34