Recap: Amalgamated Financial Q2 Earnings

Amalgamated Financial AMAL reported its Q2 earnings results on Thursday, July 28, 2022 at 06:25 AM.

Here's what investors need to know about the announcement.

Amalgamated Financial beat estimated earnings by 18.18%, reporting an EPS of $0.65 versus an estimate of $0.55.

Revenue was up $16.43 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 3.35% drop in the share price the next day.

Here's a look at Amalgamated Financial's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.39	0.41	0.37	0.36
EPS Actual	0.46	0.53	0.46	0.32
Revenue Estimate	52.10M	51.04M	48.72M	48.74M
Revenue Actual	55.79M	59.44M	50.09M	47.32M

To track all earnings releases for Amalgamated Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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