Unity Bancorp (NASDAQ:UNTY) reported its Q1 earnings results on Thursday, April 14, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Unity Bancorp beat estimated earnings by 4.94%, reporting an EPS of $0.85 versus an estimate of $0.81.
Revenue was up $3.81 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 2.34% increase in the share price the next day.
Here’s a look at Unity Bancorp’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.86 | 0.81 | 0.75 | 0.73 |
| EPS Actual | 0.92 | 0.90 | 0.80 | 0.80 |
| Revenue Estimate | 22.47M | 21.89M | 21.18M | 21.69M |
| Revenue Actual | 23.47M | 22.53M | 21.34M | 18.34M |
Listen to the earnings announcement yourself by clicking here.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
