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

Chemung Financial

22/04/2021 22:25

* Chemung Financial Corp  CHMG.OQ  reported quarterly adjusted
earnings of $1.39​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.26 per share.
* Revenue rose 48.5% to $22.36 million from a year ago​; 
analysts expected $23.63 million.
* Chemung Financial Corp's reported EPS for the quarter was
$1.39​.
* The mean earnings estimate of analysts had risen by about 15%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Chemung Financial Corp shares had risen by 3.5% this
quarter and gained 27.5% so far this year.
* The company reported quarterly net income of $6.53 million.
* Wall Street's median 12-month price target for Chemung
Financial Corp is $44.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 22 at 09:25 p.m. GMT.
​All figures in US Dollars.​