Chemung Financial Corp reports results for the quarter ended in December - Earnings Summary

Chemung Financial

26/01/2023 13:19

* Chemung Financial Corp  CHMG.OQ  reported quarterly
adjusted
earnings of $1.58​​ per share for the quarter ended in December.
The mean expectation of three analysts for the quarter was
for earnings of $1.47 per share.
    * Revenue rose 11.2% to $25.21 million from a year ago;
analysts
expected $24.78 million. 
    * Chemung Financial Corp's reported EPS for the quarter was
$1.58​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Chemung Financial Corp shares had risen by 4.6% this
quarter.
    * The company reported quarterly net income of $7.44
million.
    * Wall Street's median 12-month price target for Chemung
Financial
Corp is $50.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 01:19 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.47           1.58           Beat
 Sep. 30 2022      1.35           1.37           Beat
 Jun. 30 2022      1.19           1.71           Beat
 Mar. 31 2022      1.23           1.46           Beat