Community Bank System Inc expected to post earnings of 78 cents a share - Earnings Preview

Community Financial System

19/04/2024 13:38

* Community Bank System Inc  CBU.N   CBU  is expected
to show a
rise in quarterly revenue when it reports  results on April 23
for the period ending March 31 2024
    * The Dewitt New York-based  company is expected to report a
42.0% increase in revenue to $176.833 million from $124.53
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Community Bank System
Inc is
for earnings of 78 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Community
Bank
System Inc is $54.00​, above​ its last closing price of $42.48.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.84        0.84       0.76      Missed  -9.7
 Sep. 30 2023  0.88        0.88       0.82      Missed  -6.8
 Jun. 30 2023  0.83        0.85       0.91      Beat    6.9​
 Mar. 31 2023  0.92        0.91       0.86      Missed  -5.9
 ​​Dec.        0.93        0.93       0.97      Beat    4
 31 2022                                                
 Sep. 30 2022  0.89        0.90       0.90      Met     -0.2​
 Jun. 30 2022  0.82        0.82       0.78      Missed  -5.1
 Mar. 31 2022  0.77        0.77       0.87      Beat    13.6
 This summary was machine generated April 19 at 12:38 GMT.  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)