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

Unity Bancorp

19/10/2021 14:31

* Unity Bancorp Inc  UNTY.OQ  reported quarterly adjusted
earnings of 90 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 81 cents per share.
* Revenue rose 14.6% to $22.53 million from a year ago; 
analysts expected $21.90 million. 
* Unity Bancorp Inc's reported EPS for the quarter was 90
cents​.
* The mean earnings estimate of analysts had risen by about 2.3%
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 risen by 10.7% this quarter and
gained 47.6% so far this year.
* The company reported quarterly net income of $9.46 million.
* Wall Street's median 12-month price target for Unity Bancorp
Inc is $31.50 
* 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 October 19 at 01:31 p.m.
 ​All figures in US dollars unless otherwise stated