Advertisement
Canada markets close in 17 minutes
  • S&P/TSX

    22,295.92
    +52.58 (+0.24%)
     
  • S&P 500

    5,305.07
    +58.39 (+1.11%)
     
  • DOW

    39,886.93
    +328.82 (+0.83%)
     
  • CAD/USD

    0.7351
    +0.0025 (+0.35%)
     
  • CRUDE OIL

    78.84
    +0.82 (+1.05%)
     
  • Bitcoin CAD

    90,152.70
    +6,358.89 (+7.59%)
     
  • CMC Crypto 200

    1,390.48
    +122.54 (+9.67%)
     
  • GOLD FUTURES

    2,390.60
    +30.70 (+1.30%)
     
  • RUSSELL 2000

    2,106.25
    +20.55 (+0.99%)
     
  • 10-Yr Bond

    4.3560
    -0.0890 (-2.00%)
     
  • NASDAQ

    16,742.23
    +231.05 (+1.40%)
     
  • VOLATILITY

    12.51
    -0.91 (-6.78%)
     
  • FTSE

    8,445.80
    +17.67 (+0.21%)
     
  • NIKKEI 225

    38,385.73
    +29.67 (+0.08%)
     
  • CAD/EUR

    0.6753
    -0.0016 (-0.24%)
     

Citizens & Northern First Quarter 2024 Earnings: EPS: US$0.35 (vs US$0.40 in 1Q 2023)

Citizens & Northern (NASDAQ:CZNC) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$24.8m (down 7.4% from 1Q 2023).

  • Net income: US$5.27m (down 15% from 1Q 2023).

  • Profit margin: 21% (down from 23% in 1Q 2023). The decrease in margin was driven by lower revenue.

  • EPS: US$0.35 (down from US$0.40 in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Citizens & Northern shares are down 4.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Citizens & Northern's balance sheet health.

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.