Chemung Financial: Q1 Earnings Insights

Chemung Financial CHMG reported its Q1 earnings results on Thursday, April 20, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Chemung Financial beat estimated earnings by 12.41%, reporting an EPS of $1.54 versus an estimate of $1.37.

Revenue was up $3.03 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 0.82% increase in the share price the next day.

Here's a look at Chemung Financial's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.47	1.35	1.19	1.23
EPS Actual	1.58	1.37	1.71	1.46
Revenue Estimate	24.78M	23.70M	22.51M	22.46M
Revenue Actual	26.29M	24.03M	22.96M	22.34M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Chemung Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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