Citizens & Northern Corp reports results for the quarter ended in March - Earnings Summary

Citizens & Northern

20/04/2023 21:11

* Citizens & Northern Corp  CZNC.OQ  reported quarterly
adjusted
earnings of 40 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 42
cents per share.
    * Revenue rose 3.8% to $26.39 million from a year ago;
analysts
expected $27.68 million. 
    * Citizens & Northern Corp's reported EPS for the quarter
was 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Citizens & Northern Corp shares had fallen by 3.4% this
quarter and lost 9.7% so far this year.
    * The company reported quarterly net income of $6.2 million.
    * Wall Street's median 12-month price target for Citizens &
Northern Corp is $23.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 08:11 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.42           0.40           Missed
 Dec. 31 2022      0.48           0.50           Beat