City Holding Co reports results for the quarter ended in March - Earnings Summary

City Holding

23/04/2024 15:12

* City Holding Co  CHCO.OQ  reported quarterly adjusted
earnings
of $1.97​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$1.63.  The mean expectation of six analysts for the quarter was
for earnings of $1.86 per share. Wall Street expected results to
range from $1.82  to $1.88 per share.
    * Revenue rose 4.6% to $72.38 million from a year ago;
analysts
expected $71.41 million. 
    * City Holding Co's reported EPS for the quarter was $1.97​.
    * The company reported quarterly net income of $29.52
million.
    * City Holding Co shares had fallen by 0.7% this quarter and
lost 6.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.3%
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," 6
"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 City Holding Co
is $105.00 
This summary was machine generated from LSEG data April 23 at
02:12 p.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      1.86           1.97           Beat
 Dec. 31 2023      1.90           1.84           Missed
 Sep. 30 2023      1.88           1.98           Beat
 Jun. 30 2023      1.89           2.16           Beat