Citizens & Northern Corporation (NASDAQ:CZNC) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
As you might know, Citizens & Northern Corporation (NASDAQ:CZNC) just kicked off its latest annual results with some very strong numbers. The company beat expectations with revenues of US$106m arriving 2.4% ahead of forecasts. Statutory earnings per share (EPS) were US$1.69, 5.0% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
View our latest analysis for Citizens & Northern
After the latest results, the twin analysts covering Citizens & Northern are now predicting revenues of US$113.8m in 2025. If met, this would reflect a modest 7.2% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to jump 21% to US$2.02. In the lead-up to this report, the analysts had been modelling revenues of US$111.1m and earnings per share (EPS) of US$1.80 in 2025. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a nice gain to earnings per share in particular.
Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$21.00, suggesting that the forecast performance does not have a long term impact on the company's valuation.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Citizens & Northern's past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 7.2% growth on an annualised basis. That is in line with its 6.1% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 7.3% per year. It's clear that while Citizens & Northern's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Citizens & Northern following these results. They also upgraded their revenue forecasts, although the latest estimates suggest that Citizens & Northern will grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Citizens & Northern going out as far as 2026, and you can see them free on our platform here.
You can also view our analysis of Citizens & Northern's balance sheet, and whether we think Citizens & Northern is carrying too much debt, for free on our platform here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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