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Cbu stock price analysts foresee positive movement tied
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Analysts foresee positive movement tied to economic resilience and potential Fed rate cuts by year-end. Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. Community Financial System ( NYSE:CBU - Get Free Report ) last issued its earnings results on Tuesday, July 22nd. The bank reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.06). The business had revenue of $199.30 million during the quarter, compared to analyst estimates of $201.93 million. Community Financial System had a net margin of 19.91% and a return on equity of 10.71%. Community Financial System's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the company earned $0.95 earnings per share. On average, equities research analysts anticipate that Community Financial System, Inc. will post 4.18 EPS for the current fiscal year. With the market reacting to Fed policy hints, "CBU stock price" gained 0.44% to close at $51.