Community Financial System Inc reports results for the quarter ended December 31 - Earnings Summary

• Community Financial System Inc CBU.N reported quarterly adjusted earnings of 94 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 76 cents. The mean expectation of six analysts for the quarter was for earnings of 90 cents per share. Wall Street expected results to range from 83 cents to 93 cents per share.

• Revenue fell 8.3% to $196.29 million from a year ago; analysts expected $191.31 million.

• Community Financial System Inc's reported EPS for the quarter was 94 cents​.

• The company reported quarterly net income of $49.79 million.

• Community Financial System Inc shares had risen by 2.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Community Financial System Inc is $70.00

This summary was machine generated from LSEG data January 21 at 02:31 p.m. UTC. ​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)