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

Chemung Financial

22/10/2021 02:59

* Chemung Financial Corp  CHMG.OQ  reported quarterly adjusted
earnings of $1.42​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of $1.20 per share.
* Revenue rose 10.3% to $22.80 million from a year ago; 
analysts expected $21.74 million. 
* Chemung Financial Corp's reported EPS for the quarter was
$1.42​.
* The mean earnings estimate of analysts had risen by about 8.1%
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 0.2% this
quarter and gained 33.7% so far this year.
* The company reported quarterly net income of $6.65 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 October 22 at 01:59 a.m.
 ​All figures in US dollars unless otherwise stated