Financial Institutions (NASDAQ:FISI) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.95 by 9.47 percent. This is a 22.35 percent increase over earnings of $0.85 per share from the same period last year. The company reported quarterly sales of $53.361 million which missed the analyst consensus estimate of $58.053 million by 8.08 percent. This is a 8.63 percent increase over sales of $49.122 million the same period last year.