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.
CBU made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 3, 2024.
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 Financial (CBU) is likely to benefit from its strategic acquisitions, decent loan demand, high rates and decent liquidity. These factors make the stock an attractive pick for investors.
While the top- and bottom-line numbers for Community Financial (CBU) give a sense of how the business performed in the quarter ended June 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 $0.95 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.91 per share a year ago.