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Market News

Chemung Financial Corp CHMG.OQ expected to post earnings of $1.20 a share - Earnings Preview
18-Apr-25 07:37

    * Chemung Financial Corp CHMG.OQ CHMG.O is expected

to show a

rise in quarterly revenue when it reports  results on April 17

(estimated) for the period ending March 31 2025

    * The Elmira New York-based  company is expected to report a

13.4% increase in revenue to $25.899 million from $22.85 million

a year ago, according to the mean estimate from 2 analysts,

based on LSEG data.

    * ​LSEG's mean analyst estimate for Chemung Financial Corp

is for

earnings of $1.20 per share.

    * The current average analyst rating on the shares is "buy"

and

the breakdown of recommendations is 1 "strong buy" or "buy," 2

"hold" and no "sell" or "strong sell."  

    * The mean earnings estimate of analysts was unchanged in

the last

three months. ​

    * Wall Street's median 12-month price target for Chemung

Financial

Corp is $58.00​, above​ its last closing price of $42.51. ​​​

Previous quarterly performance (using preferred earnings measure

in US dollars). ​

QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI

ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %

               E®                               MISSED  

Dec. 31 2024  1.20        1.21       1.24      Beat    2.8

Sep. 30 2024  1.13        1.13       1.19      Beat    5.8

Jun. 30 2024  1.12        1.12       1.05      Missed  -6.1​

Mar. 31 2024  1.01        1.04       1.48      Beat    42

​​Dec.        1.11        1.12       0.81      Missed  -27.7

31 2023                                                

Sep. 30 2023  1.13        1.13       1.61      Beat    42.1​

Jun. 30 2023  1.21        1.21       1.33      Beat    9.8

Mar. 31 2023  1.37        1.37       1.54      Beat    12.6

This summary was machine generated April 18 at 11:37 GMT.  All

figures in US dollars unless otherwise stated. (For questions

concerning the data in this report, contact

Estimates.Support@lseg.com. For any other questions or feedback,

contact RefinitivNewsSupport@thomsonreuters.com)

Market Information above is provided by third party service provider   Disclaimer