Although the revenue and EPS for Community Financial (CBU) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Community Financial System (CBU) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.76 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Community Financial (CBU), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Community Financial (CBU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Community Financial (CBU) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The upcoming maturity of fixed-rate loans and the subsequent reinvestment will boost the margin. Interest rate cuts and strong labor markets bode well for loan growth. The December 2025 target price suggests a single-digit upside from the current market price.
Community Financial (CBU) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Community Bank System, Inc. (NYSE:CBU ) Q3 2024 Earnings Conference Call October 22, 2024 11:00 AM ET Company Participants Dimitar Karaivanov - President and Chief Executive Officer Joseph Sutaris - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Breese - Stephens Inc Steve Moss - Raymond James Sharanjit Cheema - D.A. Davidson Christopher O'Connell - KBW Operator Good day and welcome to the Community Financial Systems Incorporated Third Quarter 2024 Earnings Conference Call.
While the top- and bottom-line numbers for Community Financial (CBU) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Community Financial System (CBU) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.82 per share a year ago.
Community Financial (CBU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
TMDX, CCL, and CBU made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 3, 2024.