Unity Bancorp (NASDAQ:UNTY) reported its Q4 earnings results on Friday, January 12, 2024 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Unity Bancorp beat estimated earnings by 11.63%, reporting an EPS of $0.96 versus an estimate of $0.86.
Revenue was down $56 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.81% increase in the share price the next day.
Here's a look at Unity Bancorp's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.89 | 0.87 | 0.95 | 1.01 |
| EPS Actual | 0.97 | 0.95 | 0.96 | 0.93 |
| Revenue Estimate | 25.32M | 24.77M | 25.83M | 26.47M |
| Revenue Actual | 25.58M | 25.64M | 25.33M | 26.66M |
** 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.