Citizens Financial Services Inc reports results for the quarter ended in March - Earnings Summary

Citizens Financial Services

26/04/2024 01:43

* Citizens Financial Services Inc  CZFS.OQ  reported
quarterly
adjusted earnings of $1.34​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of $1.79.  The lone analyst forecast for the
quarter was for earnings of $1.55 per share. 
    * Revenue rose 15.9% to $20.96 million from a year ago;
analysts
expected $22.20 million. 
    * Citizens Financial Services Inc's reported EPS for the
quarter
was $1.49​.
    * The company reported quarterly net income of $7.02
million.
    * Citizens Financial Services Inc shares had fallen by 10.4%
this
quarter and lost 31.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Citizens
Financial Services Inc is $61.00 
This summary was machine generated from LSEG data April 26 at
12:43 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.55           1.34           Missed
 Dec. 31 2023      1.62           1.60           Missed
 Sep. 30 2023      1.57           1.67           Beat
 Jun. 30 2023      -0.02          1.53           Beat