Investors might want to bet on Orange County Bancorp, Inc. (OBT) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

Orange County Bancorp, Inc. (OBT) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.31%. A quarter ago, it was expected that this company would post earnings of $1.34 per share when it actually produced earnings of $1.65, delivering a surprise of 23.13%.Over the last four quarters, t ...

Orange County Bancorp, Inc. (OBT) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.13%. A quarter ago, it was expected that this company would post earnings of $1.41 per share when it actually produced earnings of $1.44, delivering a surprise of 2.13%. Over the last four quarters, ...