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

Apr 18, 2024, 7:46 PM EDT1 sourcesAI-analyzed

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- Q1 2024 revenue for Chemung Financial was $23.75 million, down 6.4% year-over-year. - EPS for the quarter was $1.48, beating the $1.08 consensus estimate by +37.04%. - Key metrics include Efficiency Ratio, Net Charge-Offs, Net Interest Margin, and Total Other Operating Income. - CHMG stock returned -5.6% in the past month with a Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Q1 2024 revenue for Chemung Financial was $23.75 million, down 6.4% year-over-year.
  • EPS for the quarter was $1.48, beating the $1.08 consensus estimate by +37.04%.
  • Key metrics include Efficiency Ratio, Net Charge-Offs, Net Interest Margin, and Total Other Operating Income.
  • CHMG stock returned -5.6% in the past month with a Zacks Rank #3 (Hold).

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