Chemung Financial Q2 Adj. EPS $1.31 Misses $1.34 Estimate, Sales $26.972M Beat $26.409M Estimate

Chemung Financial (NASDAQ: CHMG) reported quarterly earnings of $1.31 per share which missed the analyst consensus estimate of $1.34 by 2.17 percent. This is a 24.76 percent increase over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $26.972 million which beat the analyst consensus estimate of $26.409 million by 2.13 percent. This is a 15.47 percent increase over sales of $23.359 million the same period last year.