Silvergate Capital: Q3 Earnings Insights

Silvergate Capital SI reported its Q3 earnings results on Tuesday, October 18, 2022 at 06:25 AM.

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

Silvergate Capital missed estimated earnings by 4.48%, reporting an EPS of $1.28 versus an estimate of $1.34.

Revenue was up $37.64 million from the same period last year.

Last quarter the company beat on EPS by $0.29 which was followed by a 16.29% increase in the share price the next day.

Here's a look at Silvergate Capital's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.84	0.44	0.72	0.71
EPS Actual	1.13	0.79	0.66	0.88
Revenue Estimate	73.52M	55.27M	53.47M	48.25M
Revenue Actual	79.76M	59.95M	49.26M	51.70M

To track all earnings releases for Silvergate Capital visit their earnings calendar here.

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