City Holding (CHCO) Q4 Earnings Beat Estimates

Core Insights - City Holding (CHCO) reported quarterly earnings of $1.94 per share, exceeding the Zacks Consensus Estimate of$ 1.91 per share, and up from $1.84 per share a year ago [1] - The company achieved an earnings surprise of 1.57% for the quarter, having surpassed consensus EPS estimates in all four of the last quarters [2] - Revenue for the quarter was$ 71.71 million, which fell short of the Zacks Consensus Estimate by 4.63%, but was an increase from $69.13 million year-over-year [3] Earnings Performance - City Holding's earnings surprise of 1.57% indicates strong performance relative to expectations, with a previous quarter surprise of 5.21% [2] - The company has consistently outperformed consensus EPS estimates over the last four quarters [2] Revenue Analysis - The reported revenue of$ 71.71 million missed the consensus estimate, contrasting with the year-ago figure of $69.13 million, indicating a mixed performance in revenue growth [3] - City Holding has topped consensus revenue estimates three times in the last four quarters [3] Stock Performance and Outlook - City Holding shares have increased by approximately 0.3% since the beginning of the year, underperforming compared to the S&P 500's gain of 3.5% [4] - The future performance of the stock will largely depend on management's commentary during the earnings call and the subsequent earnings outlook [4][5] Earnings Estimates and Industry Context - Current consensus EPS estimate for the upcoming quarter is$ 1.84 on revenues of $73.01 million, and for the current fiscal year, it is$ 7.53 on revenues of $296.87 million [8] - The Zacks Industry Rank for Banks - Southeast is in the top 20% of over 250 Zacks industries, suggesting a favorable industry outlook that could positively impact stock performance [9]