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

Chemung Financial

21/04/2022 22:15

* Chemung Financial Corp  CHMG.OQ  reported quarterly
adjusted
earnings of $1.46​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of $1.23 per share.
    * Revenue fell 0.1% to $22.34 million from a year ago; 
analysts
expected $22.46 million. 
    * Chemung Financial Corp's reported EPS for the quarter was
$1.46​.
    * The mean earnings estimate of analysts had risen by
about 8.5%
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 0.1% this
quarter and gained 0.5% so far this year.
    * The company reported quarterly net income of $6.87
million.
    * Wall Street's median 12-month price target for Chemung
Financial
Corp is $52.00 
    * 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 April 21 at 09:15 p.m.  ​All
figures in US dollars unless otherwise stated