Chemung Financial (NASDAQ:CHMG) reported quarterly earnings of $1.26 per share which missed the analyst consensus estimate of $1.31 by 3.82 percent. This is a 14.86 percent decrease over earnings of $1.48 per share from the same period last year. The company reported quarterly sales of $25.70 million which missed the analyst consensus estimate of $26.69 million by 3.71 percent. This is a 8.23 percent increase over sales of $23.75 million the same period last year.