CNB Financial (CCNE) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - CNB Financial (CCNE) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and up from $0.61 per share a year ago, representing an earnings surprise of +5.13% [1] - The company achieved revenues of $78.41 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.40% and increasing from $59.11 million year-over-year [2] - CNB has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.83 on revenues of $83.9 million, and for the current fiscal year, it is $2.71 on revenues of $280.5 million [7] - The estimate revisions trend for CNB was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Banks - Northeast industry, to which CNB belongs, is currently ranked in the top 14% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [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]