Chemung Financial (CHMG) Q1 Earnings and Revenues Top Estimates

Chemung Financial (CHMG) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.54 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 ...