When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

分组1 - Orange County Bancorp, Inc. reported quarterly earnings of $1.46 per share, exceeding the Zacks Consensus Estimate of $1.30 per share, but down from $1.61 per share a year ago, representing an earnings surprise of 12.31% [1] - The company achieved revenues of $27.93 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 10.21%, compared to $25.89 million in the same quarter last year [2] - Over the last four quarters, Orange County Bancorp, Inc. has consistently surpassed consensus EPS and revenue estimates [2] 分组2 - The stock has underperformed the market, losing about 2.1% since the beginning of the year, while the S&P 500 has gained 14% [3] - The current consensus EPS estimate for the upcoming quarter is $1.30 on revenues of $25.39 million, and for the current fiscal year, it is $5.38 on revenues of $101.75 million [7] - The Zacks Industry Rank for Banks - Northeast is in the top 13% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Orange County Bancorp, Inc. (OBT) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.13%. A quarter ago, it was expected that this company would post earnings of $1.41 per share when it actually produced earnings of $1.44, delivering a surprise of 2.13%.Over the last four quarters, th ...