Unity Bancorp (NASDAQ:UNTY) reported its Q2 earnings results on Thursday, July 14, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Unity Bancorp beat estimated earnings by 2.33%, reporting an EPS of $0.88 versus an estimate of $0.86.
Revenue was up $3.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 1.18% increase in the share price the next day.
Here's a look at Unity Bancorp's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.81 | 0.86 | 0.81 | 0.75 |
| EPS Actual | 0.85 | 0.92 | 0.90 | 0.80 |
| Revenue Estimate | 22.40M | 22.47M | 21.89M | 21.18M |
| Revenue Actual | 22.14M | 23.47M | 22.53M | 21.34M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Unity Bancorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
