Community Financial System Inc (CBU) Q3 2024 Earnings Report Preview: What To Expect

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Community Financial System Inc (CBU, Financial) is set to release its Q3 2024 earnings on Oct 22, 2024. The consensus estimate for Q3 2024 revenue is $186.80 million, and the earnings are expected to come in at $0.88 per share. The full year 2024's revenue is expected to be $736.73 million and the earnings are expected to be $3.42 per share. More detailed estimate data can be found on the Forecast page.

Community Financial System Inc (CBU, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Community Financial System Inc (CBU) for the full year 2024 have increased from $726.58 million to $736.73 million. For 2025, revenue estimates have risen from $769.49 million to $783.93 million. Earnings estimates have also shown growth, with projections for 2024 increasing from $3.21 per share to $3.42 per share, and for 2025 from $3.50 per share to $3.75 per share.

Community Financial System Inc (CBU, Financial) Reported History

In the previous quarter of 2024-06-30, Community Financial System Inc's (CBU) actual revenue was $183.80 million, which beat analysts' revenue expectations of $180.13 million by 2.04%. Community Financial System Inc's (CBU) actual earnings were $0.91 per share, which beat analysts' earnings expectations of $0.81 per share by 12.62%. After releasing the results, Community Financial System Inc (CBU) was up by 3.45% in one day.

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Community Financial System Inc (CBU, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for Community Financial System Inc (CBU) is $63.50 with a high estimate of $67 and a low estimate of $59. The average target implies an upside of 4.34% from the current price of $60.86.

Based on GuruFocus estimates, the estimated GF Value for Community Financial System Inc (CBU, Financial) in one year is $71.10, suggesting an upside of 16.83% from the current price of $60.86.

Based on the consensus recommendation from 5 brokerage firms, Community Financial System Inc's (CBU, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.