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

Chemung Financial

22/07/2021 23:01

* Chemung Financial Corp  CHMG.OQ  reported quarterly adjusted
earnings of $1.45​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of $1.07 per share.
* Revenue rose 4.7% to $22.57 million from a year ago;  analysts
expected $22.02 million. 
* Chemung Financial Corp's reported EPS for the quarter was
$1.45​.
* The mean earnings estimate of analysts had risen by about 3.8%
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 fallen by 2.5% this
quarter and gained 27.2% so far this year.
* The company reported quarterly net income of $6.8 million.
* Wall Street's median 12-month price target for Chemung
Financial Corp is $48.00 
* 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 July 22 at 10:01 p.m.  ​All
figures in US dollars unless otherwise stated