Community Bank System Inc reports results for the quarter ended in December - Earnings Summary

Community Financial System

24/01/2023 14:31

* Community Bank System Inc  CBU.N  reported quarterly
adjusted
earnings of 97 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 93 cents per share.
    * Revenue rose 10.2% to $175.93 million from a year ago;
analysts
expected $178.07 million. 
    * Community Bank System Inc's reported EPS for the quarter
was 97
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Community Bank System Inc shares had fallen by 3.3% this
quarter.
    * The company reported quarterly net income of $52.53
million.
    * Wall Street's median 12-month price target for Community
Bank
System Inc is $65.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
24 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.93           0.97           Beat
 Sep. 30 2022      0.90           0.90           Met
 Jun. 30 2022      0.82           0.78           Missed
 Mar. 31 2022      0.77           0.87           Beat