Recap: Unity Bancorp Q4 Earnings

Unity Bancorp UNTY reported its Q4 earnings results on Friday, January 12, 2024 at 06:00 AM.

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

Unity Bancorp beat estimated earnings by 11.63%, reporting an EPS of $0.96 versus an estimate of $0.86.

Revenue was down $56 thousand from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 0.81% increase in the share price the next day.

Here's a look at Unity Bancorp's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.89	0.87	0.95	1.01
EPS Actual	0.97	0.95	0.96	0.93
Revenue Estimate	25.32M	24.77M	25.83M	26.47M
Revenue Actual	25.58M	25.64M	25.33M	26.66M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Unity Bancorp visit their earnings calendar here.

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