Workflow
Chemung Financial (CHMG) Q1 Earnings and Revenues Top Estimates
CHMGChemung Financial (CHMG) Zacks Investment Research·2024-04-18 22:26

Chemung Financial (CHMG) came out with quarterly earnings of 1.48pershare,beatingtheZacksConsensusEstimateof1.48 per share, beating the Zacks Consensus Estimate of 1.08 per share. This compares to earnings of 1.54pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof37.041.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.04%. A quarter ago, it was expected that this financial holding company would post earnings of 1.17 per share when it actually produced earnings of $0.81, delivering a surprise of -30.77%.Over the last four q ...