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

Community Financial System

24/10/2022 14:31

* Community Bank System Inc  CBU.N  reported quarterly
adjusted
earnings of 90 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 90 cents per share.
    * Revenue rose 11.9% to $175.64 million from a year ago;
analysts
expected $174.08 million. 
    * Community Bank System Inc's reported EPS for the quarter
was 90
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Community Bank System Inc shares had risen by 1.4% this
quarter and lost 18.2% so far this year.
    * The company reported quarterly net income of $48.69
million.
    * Wall Street's median 12-month price target for Community
Bank
System Inc is $70.00 
    * 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 October
24 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.90           0.90           Met
 Jun. 30 2022      0.82           0.78           Missed
 Mar. 31 2022      0.77           0.87           Beat
 Dec. 31 2021      0.82           0.81           Missed