Chemung Financial Q3 EPS $1.61 Beats $1.13 Estimate, Sales $25.82M Beat $23.50M Estimate

Chemung Financial (NASDAQ:CHMG) reported quarterly earnings of $1.61 per share which beat the analyst consensus estimate of $1.13 by 42.48 percent. This is a 17.52 percent increase over earnings of $1.37 per share from the same period last year. The company reported quarterly sales of $25.82 million which beat the analyst consensus estimate of $23.50 million by 9.89 percent. This is a 7.49 percent increase over sales of $24.03 million the same period last year.