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Citizens Financial Services Inc  (CZFS)
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EARNINGS REPORT by CSIMarket

Revenues Increased on strong ornbsp; results


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Citizens Financial Services Inc announced third quarter 2017 operating income of $4.791 millions



Revenue for the third quarter 2017 increased by 8.26 % to $12 millions in comparison to $11 millions in the prior year quarter, eps grew by 11.7 % to $1.05 per share, as comparison at $0.94 in the prior year quarter.

In contrast to the second quarter 2017 Revenues increased by 3.18 % from $12 millions and income improved by 5 % from $1.00 per share.

Net income of $4 millions in the third quarter 2017 increased by 15.76 % from net earnings of $3 millions reported in the third quarter 2017 a year ago. Although operating margin fell to 39.8%, in the third quarter 2017, the company's net margin actually improved to 30.32%.


Citizens Financial Services Inc is expected to report next financial results on February 09, 2018.
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