Arrow Financial Corp. (AROW) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS
Arrow Financial Corp. (NASDAQ:AROW) posted its quarterly earnings results on Tuesday. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.04, Analyst Ratings.Net reports.
Shares of Arrow Financial Corp. (NASDAQ:AROW) traded up 0.12% on Tuesday, hitting $25.24. The stock had a trading volume of 22,439 shares. Arrow Financial Corp. has a 52 week low of $22.951 and a 52 week high of $28.00. The stock’s 50-day moving average is $26.44 and its 200-day moving average is $25.96. The company has a market cap of $311.2 million and a price-to-earnings ratio of 14.37.
AROW has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Arrow Financial Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, January 6th. They now have a $29.60 price target on the stock.
Arrow Financial Corporation (NASDAQ:AROW) is a holding company.
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