Chemung Financial (CHMG) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended March 2024, Chemung Financial (CHMG) reported revenue of $23.75 million, down 6.4% over the same period last year. EPS came in at $1.48, compared to $1.54 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $23.72 million, representing a surprise of +0.13%. The company delivered an EPS surprise of +37.04%, with the consensus EPS estimate being $1.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...