Chemung Financial (CHMG) Q4 Earnings Lag Estimates

Chemung Financial (CHMG) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of$ 1.17 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -30.77%. A quarter ago, it was expected that this financial holding company would post earnings of$ 1.18 per share when it actually produced earnings of $1.21, delivering a surprise of 2.54%.Over the last four qu ...