Unity Bancorp Inc expected to post earnings of 86 cents a share - Earnings Preview

Unity Bancorp

18/01/2022 11:01

* Unity Bancorp Inc  UNTY.OQ   UNTY.O  is expected to show a
rise in quarterly revenue when it reports  results on January 20
(estimated). 
* The Clinton New Jersey-based  company is expected to report  a
4.1% increase in revenue to $22.469 million from $21.59 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Unity Bancorp Inc is
for earnings of 86 cents per share. For the same quarter last
year, the company reported 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 Unity Bancorp
Inc is $31.5​, about 8.6% above​ its last closing price
of $28.80. ​​​
This summary was machine generated January 18 at 11:01 GMT.  All
figures in US dollars  unless otherwise stated