Chemung Financial (CHMG) Surpasses Q3 Earnings and Revenue Estimates

Chemung Financial (CHMG) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of$ 1.11 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.21%. A quarter ago, it was expected that this financial holding company would post earnings of$ 1.12 per share when it actually produced earnings of $1.05, delivering a surprise of -6.25%.Over the last four qua ...