Financial Institutions (NASDAQ:FISI) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.76 by 10.53 percent. The company reported quarterly sales of $40.681 million which missed the analyst consensus estimate of $42.169 million by 3.53 percent. This is a 2.39 percent decrease over sales of $41.677 million the same period last year.