Arrow Financial (AROW) Q1 Earnings and Revenues Miss Estimates

Core Insights - Arrow Financial reported quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.44 per share, and down from $0.45 per share a year ago, representing an earnings surprise of -13.64% [1] - The company posted revenues of $39.2 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.85%, and up from $34.31 million year-over-year [2] - Arrow Financial shares have declined approximately 14.6% since the beginning of the year, compared to a decline of -5.3% for the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.66 on revenues of $40.71 million, and for the current fiscal year, it is $2.51 on revenues of $164.79 million [7] - The estimate revisions trend for Arrow Financial is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 30% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]