Community Financial System Inc expected to post earnings of 81 cents a share - Earnings Preview

Community Financial System

19/07/2024 15:07

* Community Financial System Inc  CBU.N   CBU  is expected
to show
a rise in quarterly revenue when it reports  results on July 23
for the period ending June 30 2024
    * The Dewitt New York-based  company is expected to report a
2.4% increase in revenue to $179.556 million from $175.26
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total/Operating Revenue)
    * ​LSEG's mean analyst estimate for Community Financial
System Inc
is for earnings of 81 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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
Financial System Inc is $50.50​, below​ its last closing price
of $58.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.78        0.78       0.76      Missed  -2.6
 Dec. 31 2024  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.        0.92        0.91       0.86      Missed  -5.9
 31 2023                                                
 Dec. 31 2022  0.93        0.93       0.97      Beat    4​
 Sep. 30 2022  0.89        0.90       0.90      Met     -0.2
 Jun. 30 2022  0.82        0.82       0.78      Missed  -5.1
 This summary was machine generated July 19 at 14:07 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)