Amalgamated Bank expected to post earnings of 69cents a share - Earnings Preview

Amalgamated Financial

25/10/2022 18:27

* Amalgamated Bank  AMAL.OQ   AMAL.O  is expected to show a
rise
in quarterly revenue when it reports  results on October 27. 
    * The New York City-based  company is expected to report  a
33.4% increase in revenue to $66.252 million from $49.68 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Amalgamated Bank is
for
earnings of 69 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Amalgamated
Bank
is $27​, above​ its last closing price of $23.41. ​​​

This summary was machine generated October 25 at 17:27 GMT.  All
figures in US dollars  unless otherwise stated