Chemung Financial Q2 EPS $1.33 Beats $1.21 Estimate, Sales $24.13M Miss $24.31M Estimate

Chemung Financial (NASDAQ:CHMG) reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of $1.21 by 9.92 percent. This is a 22.67 percent decrease over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $24.13 million which missed the analyst consensus estimate of $24.31 million by 0.72 percent. This is a 5.11 percent increase over sales of $22.96 million the same period last year.