Orange County Bancorp, Inc. (OBT) Q4 Earnings Miss Estimates

Core Insights - Orange County Bancorp, Inc. reported quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.68 per share, and down from $0.72 per share a year ago, representing an earnings surprise of -7.35% [1] - The company posted revenues of $27.38 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.80%, and up from $25.89 million year-over-year [2] - The stock has underperformed the market, losing about 6% since the beginning of the year compared to the S&P 500's gain of 2.7% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.64 on revenues of $26.7 million, and for the current fiscal year, it is $2.80 on revenues of $110.2 million [7] - The estimate revisions trend for Orange County Bancorp, Inc. is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 7% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]