Unity Bancorp Inc reports results for the quarter ended in March - Earnings Summary

Unity Bancorp

14/07/2021 12:01

* Unity Bancorp Inc  UNTY.OQ  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 76 cents per share.
* Revenue rose 22.2% to $21.74 million from a year ago; 
analysts expected $21.54 million. 
* Unity Bancorp Inc's reported EPS for the quarter was 80
cents​.
* The mean earnings estimate of analysts had risen by
about 10.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Unity Bancorp Inc shares had fallen by 0.2% this quarter and
gained 25.4% so far this year.
* The company reported quarterly net income of $8.5 million.
* Wall Street's median 12-month price target for Unity Bancorp
Inc is $27.50 
* 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." 
This summary was machine generated July 14 at 11:00 a.m.. ​All
figures in July 14