Citizens & Northern (CZNC) Surpasses Q4 Earnings and Revenue Estimates

Financial Performance - Citizens & Northern (CZNC) reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of$0.45 per share, and up from $0.28 per share a year ago, representing an earnings surprise of 17.78$28.24 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.57%, compared to year-ago revenues of $25.27 million [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.43 on revenues of $27.7 million, and for the current fiscal year, it is$1.80 on revenues of $113.6 million [7] - The estimate revisions trend for Citizens & Northern is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Banks - Northeast industry, to which Citizens & Northern belongs, is currently in the top 20% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]