Citizens and Northern Corp Second Quarter Earnings Sneak Peek

Citizens & Northern Corp (NASDAQ:CZNC) will unveil its latest earnings on Monday, July 11, 2011. Citizens and Northern Corporation is a holding company, which provides a range of banking and mortgage services to individual and corporate customers in North Central Pennsylvania and Southern New York State.

Citizens & Northern Corp Earnings Preview Cheat Sheet

Wall St. Expectations: The average estimate of analysts is for profit of 41 cents per share. During the past three months, the average estimate has moved up from 40 cents. Between one and three months ago, the average estimate moved down, but has risen from 39 cents during the last month. For the year, analysts are projecting profit of $1.69 per share, a rise of 20.7% from last year.

Savvy Investing Tip: Our CHEAT SHEET investing framework recommends only stocks with two straight quarters of earnings growth. Learn More >>

Wall St. Revenue Expectations: On average, analysts predict $14.3 million in revenue this quarter, a rise of 3% from the year ago quarter. Analysts are forecasting total revenue of $57.3 million for the year, a decline of 0.6% from last year’s revenue of $57.6 million.

Key Stats:

The company’s revenue has now risen for two straight quarters. In first quarter, revenue increased 0.1% to $19.7 million from the year earlier quarter. In the fourth quarter of the last fiscal year, the figure rose 8.8%.

Competitors to Watch: Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA), Republic First Bancorp, Inc. (NASDAQ:FRBK), Bryn Mawr Bank Corp. (NASDAQ:BMTC), Metro Bancorp, Inc. (NASDAQ:METR), S&T Bancorp, Inc. (NASDAQ:STBA), ACNB Corporation (NASDAQ:ACNB), Norwood Financial Corp. (NASDAQ:NWFL), Commercial National Financial Corp./PA (NASDAQ:CNAF), Orrstown Financial Services (NASDAQ:ORRF), and Univest Corp. of PA (NASDAQ:UVSP).

Stock Price Performance: During April 6, 2011 to July 1, 2011, the stock price has fallen $2.15 (-12.6%) from $17.12 on April 6, 2011 to $14.97 on July 1, 2011. The stock price saw one of its best stretches over the last year between March 17, 2011, and March 23, 2011, when shares rose for five-straight days, rising 7.9% (+$1.19) over that span. It saw one of its worst periods between May 19, 2011, and May 25, 2011, when shares fell for five-straight days, falling 8.8% (-$1.34) over that span. Shares are up 35 cents (+2.4%) year to date.

(Source: Xignite Financials)

Get Actionable Investing Insights: Check Out Wall St. Cheat Sheet’s newest Feature Trades of the Month!